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Rudiy27
3 years ago
6

Your $440 gets 5.8% interest compounded annually for 8 years. What will your

Mathematics
1 answer:
ladessa [460]3 years ago
3 0

Answer:

492.52

Step-by-step explanation:

The formula is P(t) = P(0) x (1+r/n)^nt so...

P(t) = 440 (1+0.058/1)^8

P(t) = 492.52

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