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
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Your $440 gets 5.8% compounded annually for 8 years. What will your $440 be worth in 8 years?
Answer by
rfer(16322)
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FV=440(1.058)^8
FV=440*1.56995
FV=690.00