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28 Sep 2019
You developed a new product that had a profit of $794765 at the end of the first year. Your marketing team believes sales will continue to increase by 4% each year. If you deposit your profits into a bank account that pays 4% each year compounded annually, how much will you have in your account in 14 years?
You developed a new product that had a profit of $794765 at the end of the first year. Your marketing team believes sales will continue to increase by 4% each year. If you deposit your profits into a bank account that pays 4% each year compounded annually, how much will you have in your account in 14 years?
Collen VonLv2
28 Sep 2019
