An investment of $1000 today invested at 10% for two years will give a future value of?

Solution:

Future value of an Investment at r% for n years is given by:

Future Value = Initial Investment (1 + r/100)ⁿ 

If r = 10% and n = 2 years,

Future Value = 1000(1 + 10/100)²

= 1000(1.1)²

= 1000(1.21)

= $1210

Hence, the required value is  $1210.

An investment of $1000 today invested at 10% for two years will give a future value of?

Summary:

The future value of the investment of $1000 after 2 years at 10% is $1210.