SOLUTION: How much would $550 invested at 9% interest componded annually be worth after 8 years ?

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Question 624071: How much would $550 invested at 9% interest componded annually be worth after 8 years ?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=550(1.09)^8
A=$1059.91