Mathematics

Guest

18 February, 08:55

Some investments in the stock market have earned 10% annually, A, at this rate can be found using A=P (1.10) ^n, where P is the initial value of the investment, and n is the number of years the money is invested. if $1,000 is invested in the stock market at this annual rate of return, what is the expected total value after 18 years? A) $4,054.47 B) $5,559.92 C) $18,700.00 D) $19,800.00