An investment grows by 8% per year for 10 years. by what percent does it increase over the 10-year period?

In order to find the percent increase over the 10-year period, we will use below formula

In this formula r represents the rate in decimal, and n represents the time.

From the given directions, we have

r= 0.08, n=10

On substituting these values in the above mentioned formula, we get

Therefore, it will increase by 115.9% over a 10 years period.

go on the tube you might find some information there

1. 3.4/4

2. 0.8/7

3. 0.5 x 3

4. 0.9 x 6

5. 10.8

6. 2.35

7. 0.567

8. 9.35

9. 0.02

10. 0.06

11. 0.16

12. 0.42

13. 0.63

14. 5.6

15. 8.1

16. 9.9

17. 0.28

18. 0.48

19. 0.27

20. 0.49

21. 0.45

22. 0.72

23. 0.9

24. 0.88

25. 0.75

26. 0.16

27. 0.328

28. 0.495

29. 0.72

30. 1.068