Jymeb
Jymeb Jymeb
  • 12-05-2017
  • Mathematics
contestada

How much would $500 invest at 8% interest compounded annually be worth after 4 years? Your answer to the nearest cent. Do not include units in your answer

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Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 12-05-2017
A=p (1+r)^r
A=800×(1+0.08)^(4)
A=1,088.39
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