SOLUTION: What would %$5,00 invested for 9 years at 11 percent compounded annually will accumulate to, rounded to the nearest cent?

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Question 838304: What would %$5,00 invested for 9 years at 11 percent compounded annually will accumulate to, rounded to the nearest cent?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
FV=5000(1.11)^9
FV=5000(2.558)
FV=$12,790.18