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Peggy K.

asked • 04/16/19

If I have 1000 to be invested at an inverted 11% continuously for 3 years, what would I have in 3 yrs

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Lenny D. answered • 04/16/19

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The Future Value is Given as FV= PVe^rt PV = 1000, r -11% AND t = 3 soooo

FV =1000e^.11*3= 1390.97

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