3. What will $5,000 invested for 10 years at 8 percent compounded annually grow to? How many years will it...

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3. What will $5,000 invested for 10 years at 8 percent compounded annually grow to? How many years will it take $400 to grow to $1,671 if it is invested at 10 percent compounded annually? At what rate would $1,000 have to be invested to grow to $4,046 in 10 years?

    • 12 years ago
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