You are planning to invest $500 at 12% compounded annually. how much money would you have after 10 , 20 and 30 years?

10years: 500*(1+12%)^10=1553

20years: 500*(1+12%)^20=4823

30years: 500*(1+12%)^30=14980

where A=final amount

P=principal

r=rate in decimal form

t=time in years

we are given that P=500, r=12%=0.12

we want to find A when t=10, 20, and 30

so

when t=10,

when t=20,

when t=30,

step-by-step explanation:

6.48/4 4 goes into 6.48 1.62 times