SOLUTION: You invest $1000 in a savings account for 8 years. What would be your balance at the end of the six years if the account earned 5% per year. Round to the nearest cent
a) compounde
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-> SOLUTION: You invest $1000 in a savings account for 8 years. What would be your balance at the end of the six years if the account earned 5% per year. Round to the nearest cent
a) compounde
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Question 1194667: You invest $1000 in a savings account for 8 years. What would be your balance at the end of the six years if the account earned 5% per year. Round to the nearest cent
a) compounded annually
b) compounded quarterly
c) compounded monthly
d) compounded continuously
