SOLUTION: An investor deposits $400 into a bank account that earns an annual interest rate of 8%. Based on this information, how much interest will he earn during the second year alone assum
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Question 729968: An investor deposits $400 into a bank account that earns an annual interest rate of 8%. Based on this information, how much interest will he earn during the second year alone assuming compounding?
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
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