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Find the balance in an account after 8 years if $500 is invested at 7% interest compounded annually

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  1. 2 May, 06:13
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    Answer: 280

    Step-by-step explanation:

    ?/500=7/100

    7x500/100

    35/500=7/100

    35x8=280

    I think this is the answer.
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