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

asked Jul 2, 2022 77.3k views

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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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6 votes

Answer:

I think 705.79 if I did it right

Explanation:

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

Gpbaculio answered Jul 7, 2022

5.8k points

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