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8. The initial value of an investment is $ 15,000. If the investment earns an annual interest rate o...
5 months ago
Q:
8. The initial value of an investment is $ 15,000. If the investment earns an annual interest rate of 1.1%, what is its value in 8 years? $ 16,242.85 $ 16,371.95 $ 32,153.83 $ 34,568.07
Accepted Solution
A:
16371.95355