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Suppose you put $500 into a bank account today. interest is paid annually and the annual interest rate is 8 percent. the future value of the $500 after 2 years is

Suppose you put $500 into a bank account today. interest is paid annually and the annual interest rate is 8 percent. the future value of the $500 after 2 years is
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Suppose you put $500 into a bank account today. interest is paid annually and the annual interest rate is 8 percent. the future value of the $500 after 2 years is

User Hunteke
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1 Answer

3 votes
I think it might be 583.2
User Thinh NV
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