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5-1) (Compound interest) To what amount will the following investments accumulate a. $5,000 invested for 10 years at 10 percent compounded annually b. $8,000 invested
5-1) (Compound interest) To what amount will the following investments accumulate a. $5,000 invested for 10 years at 10 percent compounded annually b. $8,000 invested for 7 years at 8 percent compounded annually c. $775 invested for 12 years at 12 percent compounded annually d. $21,000 invested for 5 years at 5 percent compounded annually 11 1 (11 ho
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