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amann10
amann10 amann10
  • 12-12-2016
  • Mathematics
Answered

A principal of $2300 is invested at 6.5% interest, compounded annually. How much will the investment be worth after 10 years?

Verified Answer :

Person80
Person80 Person80
  • 12-12-2016

2300.065 = 149.5

149.5
10 = 1495

2300 + 1495 = $3795

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