SOLUTION: How much would $500 invested at 9% interest compounded annually be worth after 4 years?
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Question 884260: How much would $500 invested at 9% interest compounded annually be worth after 4 years?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
How much would $500 invested at 9% interest compounded annually be worth after 4 years?
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FV = 400*(1 + r)^t
r = 0.09
t = 4
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