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sweet [91]
3 years ago
13

1-If $1000 is interested at 8% compounded:

Mathematics
1 answer:
Rom4ik [11]3 years ago
8 0

Answer:

Amount after 5 years : $1,480.24.

B. Semiannually

Step-by-step explanation:

The future value of a $1000 investment today at 8 percent annual interest compounded semiannually for 5 years is $1,480.24.

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