Some investments in the stock market have earned 10% annually. at this rate, earning can be found using the formula a=p(1.10)n, where a is the total value of the investment, p is the initial value of the investment, and n is the number of years the money is invested. if $1,5oo is invested in the stock market at this annual rate of return, what is the expected total value after 18 years?
a.) $29,700.00 b.) $28,050.00 c.) $8,339.88 d.) $7,581.71 i need some on this one, i cant figure it out. i would say what i think it is, but i don't even have a good guess.