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How much would $500 invested at 9% interest compounded annually be worth after 4 years? Round your answer to the nearest cent.
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How much would $500 invested at 9% interest compounded annually be

worth after 4 years? Round your answer to the nearest cent.

User Smabbott
by
8.5k points

1 Answer

6 votes

Answer:

I think 705.79 if I did it right

Explanation:

500(1+.09/1)^4 = 705.79

User Gpbaculio
by
7.6k points
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