SOLUTION: How much would $150 invested at 8% interest compounded annually be worth after 13 years? Round your answer to the nearest cent.
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Question 592414: How much would $150 invested at 8% interest compounded annually be worth after 13 years? Round your answer to the nearest cent.
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A=150(1.08)^13
A=150(2.71962)
A=$407.94
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