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 An investment of $75,000 increases at a rate of 12.5% per year. Find the value of the investment after 30 years .

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Thanks ZEGROES I got my answer ! An investment of $75,000 increases at a rate of 12.5% per year. Find the value of the investment after 30 years .

 May 14, 2014

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 #2
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$${\mathtt{75\,000}}{\mathtt{\,\times\,}}{\left({\mathtt{1}}{\mathtt{\,\small\textbf+\,}}{\mathtt{0.125}}\right)}^{{\mathtt{30}}} = {\mathtt{2\,568\,247.871\: \!259\: \!205\: \!616\: \!551\: \!7}}$$

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 May 14, 2014

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 #1
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first you set up the problem F=75,000(1+.125 squared 30)and if you solve this you should get the answer

 May 14, 2014
 #2
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$${\mathtt{75\,000}}{\mathtt{\,\times\,}}{\left({\mathtt{1}}{\mathtt{\,\small\textbf+\,}}{\mathtt{0.125}}\right)}^{{\mathtt{30}}} = {\mathtt{2\,568\,247.871\: \!259\: \!205\: \!616\: \!551\: \!7}}$$

Guest May 14, 2014
 #3
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NO PROBLEM

 May 14, 2014

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