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How much will $2000 grow at 8% p.a. compound interest after 4 years?
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How much will $2000 grow at 8% p.a. compound interest after 4 years?

User Arman Safikhani
by
6.2k points

1 Answer

4 votes

Answer:

$1,480.24

Explanation:

An investment of $1,000 made today will be worth $1,480.24 in five years at interest rate of 8% compounded semi-annually.

User Fastcatch
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5.1k points
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