# Investment

1000$is invested at 10% compound interest. What factor is the capital multiplied by each year? How much will be there after n=12 years? ### Correct answer: f = 1.1 x = 3138.4284 USD ### Step-by-step explanation: $f=1+\frac{10}{100}=\frac{11}{10}=1\frac{1}{10}=1.1$ We will be pleased if You send us any improvements to this math problem. Thank you! Tips to related online calculators Our percentage calculator will help you quickly calculate various typical tasks with percentages. #### You need to know the following knowledge to solve this word math problem: ## Related math problems and questions: • Compound interest 3 After 8 years, what is the total amount of a compound interest investment of$25,000 at 3% interest, compounded quarterly? (interest is now dream - in the year 2019)
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