SOLUTION: If a person invests $120 at 8% annual interest, find the approximate value of the investment at the end of 5 years.

SOLUTION: If a person invests $120 at 8% annual interest, find the approximate value of the investment at the end of 5 years.

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Question 1043049: If a person invests $120 at 8% annual interest, find the approximate value of the investment at the end of 5 years.
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
Depends on the compounding period, if any.

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