SOLUTION: If $4,000 is invested at 5% interest, compounded annually, how much will the investment be worth after 2 years?
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Question 679068: If $4,000 is invested at 5% interest, compounded annually, how much will the investment be worth after 2 years?
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
compound interest===$410.00
total amount=$4,410.00
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