1.Brian Muchabucks, who recently sold his Porsche, placed $10,000 in savings account paying annual compound i?

Is this a question or a statement?

what?

Future Worth = Present Worth (1 + i)^n

so

Future Worth = 10000 (1 + i)^n
where;
i = interest rate
n = number of times interest is accrued (if compounded annually, this number would be the number of years. if compounded quarterly, this number will be 4 times the number of years)

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