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Anthony570086
Anthony570086 Anthony570086
  • 09-02-2017
  • Mathematics
Answered

Your friend's invest 15,000 in an account paying 4 % compounded annually. What will the balance be after 8 years

Verified Answer :

trombonebookworm
trombonebookworm trombonebookworm
  • 09-02-2017

15000(1.04)^8= $20528.54

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