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sveticcg [70]
2 years ago
15

What will $82,000 grow to be in 11 years if it is invested today at 8% and the interest rate is compounded monthly? Answer: ​

Mathematics
1 answer:
krok68 [10]2 years ago
3 0

At the end of 20 years, your savings will have grown to $382,701.

You will have earned in $300,481 in interest.

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