Posted by **Melissa** on Tuesday, January 3, 2012 at 6:16pm.

sam invested $5000 in a GIC earning 8% compound interest per year, the interest gets added to the amount invested, so the next year sam gets the interest on the interest already earned , as well as on te original amoun, how much will sam's investment be worth at the end of 10 years

## Answer this Question

## Related Questions

- math - Sam invested $5000 in a GIC earning 8% compound interest per year. The ...
- Math - I hate word problems! Can anyone just change this Following word prob to...
- Math(word problems) - 4.Tracie invested $x at 7% and $y at 6%. Write algebraic ...
- College Algebra - A total of $14,000 is invested in 3 accounts earning 3%, 4%, ...
- math - you invested $4000 in two accounts paying 2% and 9% annual interest, ...
- Algebra( check my answers) - 1. Juan deposited $200 in a savings account earning...
- computer science - When $1000 is deposit at 5% simple interest, the amount grows...
- Last math problem help - Mr. Jarvis invested a total of 10,437 in two savings ...
- Math - An investment adviser invested $14,000 in two accounts. One investment ...
- Math - O God I hate word problems! Is there any mechanical way to memorize word ...

More Related Questions