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15. Marcus invests $8,000, at 8% interest, compounded annually for 15 years. Calculate the compound interest for his investment 16. Inez wants to have $15,000

15. Marcus invests $8,000, at 8% interest, compounded annually for 15 years. Calculate the compound interest for his investment 16. Inez wants to have $15,000 in 2 years. Calculate how much Inez should invest now at 6% interest, compounded quarterly in order to reach her goal

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