If a person invested $10,000 in each of the 3 items, how much would the...
70.2K
Verified Solution
Link Copied!
Question
Finance
If a person invested $10,000 in each of the 3 items, how much would the investment grow to over the same periods of 4 years? Simple Interest (S.1) PTR/100 30 000 X 4 XR 120 000 X R/ 100 1200 XR Assuming Ris 5% then S. 5 X 1200 6000 Growth will be 6000 across the three different investments I Fiscal Years 2016 2017 2018 2019 2022 --Chosen Co. 10,000 ---Dow Jones 10,000 -S&P 500 10,000 Graph the change in value over the 4 years for the 3 different investments COMMENTS: Comment on the trends you see in your numbers and graph
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
