# The value of investment after 5 years.Given information:Amount invested: $40,000Rate of interest: 2\% Per annumTime: 5 years. Brittney Lord 2021-08-17 Answered The value of investment after 5 years. Given information: Amount invested:$40,000
Rate of interest: $2\mathrm{%}$ Per annum
Time: 5 years.
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Calculation:
$FV=Amount{\left(1+R\mathrm{%}\right)}^{n}$
$FV=\mathrm{}40,{000}_{+}^{1}$
$=40,{000}^{\frac{102}{100}}$
$=40,000×1.104$
$=\mathrm{}44164$
So, the value of investment after 5 years is $44164. Conclusion: So, the value of investment after 5 years is$44164.