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2 September, 19:13

You invested $52,400 at 6% compounded annually for 5 years. What is your total return on this investment?

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  1. 2 September, 19:29
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    First you have time multiply 52,400 time. 06 to find the amount charged at time compounded times 5 for the amount of times compounded then add that number to 52,400 and get 68,120
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