SOLUTION: A certain investment pays 8% interest compounded annually. If Joaquin invests $500, how much will the investment be worth after 3 years?

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Question 881108: A certain investment pays 8% interest compounded annually. If Joaquin invests $500, how much will the investment be worth after 3 years?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
A = $500(1.08)^3