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You invest $500 in an account that has an annual interest rate of 8%, compounded yearly for 12 years. How much will you have?
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You invest $500 in an account that has an annual interest rate of 8%, compounded yearly for

12 years. How much will you have?

User Neil Anderson
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1 Answer

7 votes
1259.09$
That should be the answer.
User Rpstw
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