SOLUTION: Find the accumulated amount if $5,000 is invested at 8% compounded annually for 6 years

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Question 664979: Find the accumulated amount if $5,000 is invested at 8% compounded annually for 6 years
Found 2 solutions by rfer, lynnlo:
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=5000(1.08)^6
A=5000*1.5869
A=$7934.50

Answer by lynnlo(4176) About Me  (Show Source):