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A $10,000 investment earns 8% interest per year. To the nearest dollar, how much will the investment be worth after 10 years?
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4 votes
A $10,000 investment earns 8% interest per year. To the nearest dollar, how much will the investment be worth after 10 years?

User Arthur Attout
by
7.7k points

1 Answer

4 votes

Answer:

$18,000

Explanation:

10,000+800 (the 8%) =made in 1 year

800 * 10= 8,000

User Anthony Hancock
by
8.3k points
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