SOLUTION: How much would $150 invested at 8% interest compounded annually be worth after 13 years? Round your answer to the nearest cent.

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Question 592414: How much would $150 invested at 8% interest compounded annually be worth after 13 years? Round your answer to the nearest cent.
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=150(1.08)^13
A=150(2.71962)
A=$407.94