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Sue now has $320. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?
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3 votes
Sue now has $320. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?

User Loretoparisi
by
6.4k points

1 Answer

2 votes
Answer

$614.59

Solution

320x(1.085)8
=614.59338...
User Ifma
by
6.3k points
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