SOLUTION: 48,000 invested for 8 years at 11% compounded annually will accumulate to what?

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Question 656650: 48,000 invested for 8 years at 11% compounded annually will accumulate to what?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=48000(1.11)^8
A=$110,617.81