SOLUTION: Your $440 gets 5.8% compounded annually for 8 years. What will your $440 be worth in 8 years?

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Question 1083763: Your $440 gets 5.8% compounded annually for 8 years. What will your $440 be worth in 8 years?
Answer by rfer(16322)   (Show Source): You can put this solution on YOUR website!
FV=440(1.058)^8
FV=440*1.56995
FV=690.00

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