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You put $2,225.50 into an investment at 1.3% for eight years. What will the balance be at the end of eight years?

You put $2,225.50 into an investment at 1.3% for eight years. What will the balance be at the end of eight years?
asked 194k views
5 votes
You put $2,225.50 into an investment at 1.3% for eight years. What will the balance be at the end of eight years?

asked
User Rich Werden
by
9.0k points

2 Answers

3 votes
The answer would be 2467.76
answered
User Tiffiany
by
8.5k points
5 votes

Answer:

2467.76

Explanation:

The total compound interest is 242.26

answered
User Mamed
by
9.3k points
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