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If $10,000 is invested in an account at United Mutual fund for 18 years, earning 10% compounded annually, what would its future worth be after 18 years?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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If $10,000 is invested in an account at United Mutual fund for 18 years, earning 10% compounded annually, what would its future worth be after 18 years?

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