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What will $1500 amount to in three years if it is invested

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What will $1500 amount to in three years if it is invested [#permalink] New post 02 Nov 2005, 20:53
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What will $1500 amount to in three years if it is invested in 20% per annum compound interest, interest being compounded annually?

(1) 2400 (2) 2592 (3) 2678 (4) 2540 (5) 2630


:fart
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"Wow! Brazil is big." —George W. Bush, after being shown a map of Brazil by Brazilian president Luiz Inacio Lula da Silva, Brasilia, Brazil, Nov. 6, 2005

http://www.nytimes.com/2005/11/21/inter ... prexy.html

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 [#permalink] New post 02 Nov 2005, 21:34
Yeah Duttsit, save the no brainers for NO BRAINER`S like me :drunk

OA is B (2) by brute force.
  [#permalink] 02 Nov 2005, 21:34
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What will $1500 amount to in three years if it is invested

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