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An Investment Is Worth $20,000\$ 20,000 , and Its Value Is Increasing By

Question 64

Multiple Choice

An investment is worth $20,000\$ 20,000 , and its value is increasing by 10%10 \% every year. What will its value be at the end of 4 years? Round your answer to the nearest dollar.


A) $29,282\$ 29,282
B) $9282\$ 9282
C) $28,000\$ 28,000
D) $26,620\$ 26,620

Correct Answer:

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