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18 December, 13:03

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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  1. 18 December, 13:22
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    A=p (1+r) ^r

    A=800 * (1+0.08) ^ (4)

    A=1,088.39
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