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7 December, 07:04

what will the total value of an investment of $5000 be if it has an interest rate of 7% and is invested for 20 years

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Answers (2)
  1. 7 December, 07:14
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    Answer:673
  2. 7 December, 07:29
    0
    Answer:$12000

    Step-by-step explanation:

    7% of 5000 is 350.

    350x20 = 7000

    5000 + 7000

    12000

    Thats without compound interest and considering market value.

    The value of your money can always change. This is simply the base value without market change.
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