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Tatiana [17]
3 years ago
5

A principal of $1800 is invested at 4% intrest, compounded annually. How much will the investment be worth after 8 years?

Mathematics
1 answer:
zavuch27 [327]3 years ago
5 0
So the equation would be 4\100 of 1800 every year = (4/100x1800)x8 years = 72x8 years = $576. Best of luck!
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