anonymous
  • anonymous
if jenny earns $7,000 more a year at 6% for 40 years. what would be the future value of these earnings?
Mathematics
schrodinger
  • schrodinger
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anonymous
  • anonymous
would this be $7,000 x .06 = 420 + 7,000 = $7,420 $7,420 x 40 = $296,800 ??
anonymous
  • anonymous
or would this be every year by 6% and then added to the next year for 40 years?

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