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  • 21-03-2022
  • Mathematics
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Evan plans to invest $8000 for 8 years. America's Bank offers an 8 year CD at annual rate of 4.7% using monthly
compound interest. What is the value of his investment after the 8 years?

Respuesta :

314005 314005
  • 21-03-2022

Answer:

657,614.57

Step-by-step explanation:

8000 at 96 months at 4.7&

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