SOLUTION: invest 100 00 in 4 years at 7% compound interest. how much money at the end of 4 years
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Question 775468
:
invest 100 00 in 4 years at 7% compound interest. how much money at the end of 4 years
Answer by
Cromlix(4381)
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100 + 7 = 107
107% = 1.07
10,000 * 1.07^4
= 13107.96.
Hope this helps.
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