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Sasha invests $1000 that earns 8% interest compounded annually. Which function describes the value of the investment after years?
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Sasha invests $1000 that earns 8% interest compounded annually. Which function describes the value of the investment after years?

User Tushan
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Well, it depends on how many years are you referring to. But if you want to know annually, it would be $80. Simple math, 8% of 1,000 is 80.
User Curt Rand
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