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What will $82,000 grow to be in 11 years if it is invested today at 8% and the interest rate is compounded monthly? Answer: ​

User Tom Porat
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Answer:

Explanation:

User Apros
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At the end of 20 years, your savings will have grown to $382,701.

You will have earned in $300,481 in interest.

User Nyaarium
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