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Finance School of Management Value of Investing $1 at an Interest Rate of 10% Continuing in this manner you will find that the following amounts will be earned Year $1.1 Simple interest: 0.1 2 Years $1.21 Simple interest 0.1+0.1=0.2 Compound interest: 0.01 3 Years $1.331 4 Years$1.4641 uesTc6 Finance School of Management Value of Investing $1 at an Interest Rate of 10% – Continuing in this manner you will find that the following amounts will be earned: 1 Year $1.1 Simple interest: 0.1 2 Years $1.21 Simple interest: 0.1+0.1=0.2 Compound interest: 0.01 3 Years $1.331 4 Years $1.4641
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