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if you start with 1000$ and increase each day by 3% what is the total after 250 days.

 Feb 25, 2017
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if you start with 1000$ and increase each day by 3% what is the total after 250 days

 

FV = 1,000 x [1 + 0.03]^250

FV = 1,000 x  1,619.22118.....

FV = $1,619,221.18

 Feb 25, 2017

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