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

asked Oct 5, 2023 77.9k views

2 votes

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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.

Fastcatch answered Oct 10, 2023

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