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Suppose that $5,000 is invested at an interest rate of 7% compounded monthly. What is the balance after 8 years

Suppose that $5,000 is invested at an interest rate of 7% compounded monthly. What is the balance after 8 years
asked 225k views
6 votes
Suppose that $5,000 is invested at an interest rate of 7% compounded monthly.

What is the balance after 8 years

asked
User Westdabestdb
by
8.0k points

1 Answer

8 votes
It is the one closest to the bottom
answered
User Amitesh
by
8.7k points
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