Mathematics, 08.10.2020 06:01, brownvester44

The money in my investment account increases in value by 9%, compounded monthly every year. I have $1,000
now. How much money will I have in 50 years?
What is the formula used ?

Answers: 3

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The money in my investment account increases in value by 9%, compounded monthly every year. I have $1,000 now. How much money will I have in 50 years? What is the formula used ?

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The money in my investment account increases in value by 9%, compounded monthly every year. I have $1,000
now. How much money will I have in 50 years?
What is the formula used ?