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28 October, 07:48

After 4 years, what is the total amount of a compound interest investment of $20,000 at 2% interest, compounded monthly?

$25,409.78

$21,648.64

$23,514.81

$21,664.30

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Answers (1)
  1. 28 October, 08:10
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    The answer is 23,514.81
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