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Fund growth across consecutive periods

Mental mathEasy

A fund starts at and grows by in each of consecutive periods. What is its value at the end?

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A whole number, a decimal, a fraction like 3/8 or a percent.

Hint

Use the multiplier and square it.

Solution
  1. The multiplier per period is .
  2. Over periods it is .
  3. Multiply: .
  4. The value is .

Answer:

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