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How much would roderick have after 6 years if he has $500 now and leaves it invested at 5.5% with annual compounding?
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How much would roderick have after 6 years if he has $500 now and leaves it invested at 5.5% with annual compounding?

User Benny Davidovitz
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1 Answer

3 votes
He would have 500(1.055)⁶=$689.42
User MystyxMac
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