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5. You have located an investment that pays 12% per year. That rate sounds good to you, so you invest $400. How much will you

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5. You have located an investment that pays 12% per year. That rate sounds good to you, so you invest $400. How much will you have in three years? How much in Seven years? How much interest will you have earn compounding? ed? How much of that interest results from

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