dillonowu8yy dillonowu8yy

26-03-2018
Mathematics

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An investment made in the stock market decreased at a rate of 1.2% per year for 25 years. What is the current value of the $100,000 investment? Include your calculations in your final answer.

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starbeast128 starbeast128

16-07-2018

The formula used is A = P (1 + r/n) ^(nt). Because of the negative interest, the compounded amount is only $695,929.30.

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