# 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.

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