2 If you invest 1 now at interest rate of 10 how much would

2. If you invest $1 now at interest rate of 10%, how much would it be in 174 years?

Simple interest, r = 10? = 0.1

Time, T = 174 years

Principal, P = $1

Therefore, after 174 years interest on $1 = PrT = $(1*0.1 * 174) = $ 17.4

The value of $1 after 174 years will be = Principal + Simple interest = $(1 + 17.4) = $18.4