Respuesta :

If you invest for a single period at an interest rate of r, your money will grow to (1 + r) per dollar invested.

How to determine the rate of growth of a single period investment

The formula for calculating future value of an investment is:

FV = P (1 + r)^n

Where:

  • FV = Future value
  • P = Present value
  • R = interest rate
  • N = number of years

For example, if you invest $100 in an account that earns 10% per annum. The future value is:

$100 X ( 1 + 0.1)

$100(1.1) = $110.

To learn more about future value, please check: https://brainly.com/question/18760477

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