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PLEASE help me (30 points!!!!!!) I will give brainliest so please help me please
An investment grows according to the function A=P(1.05)t where P represents the initial investment, A represents the value of the investment and t represents the number of years of investment. If $10,000 was the initial investment, how much would the value of the investment be after 10 years to the nearest dollar?


Sagot :

Answer:

105,000 dollars

Step-by-step explanation:

According to your formula, we just mulitply 10,000 times 10 times 1.05 and we get 105,000.