You invest 1000 in year 1 and invest an additional 1000


You invest $1000 in Year 1 and invest an additional $1000 each year after that (so the investment is $1000, $2000, $3000,.). If you do this for 10 years, and the investment pays 10% annual interest, what is the future worth of your investment?

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Business Economics: You invest 1000 in year 1 and invest an additional 1000
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