Question
An investor places $9,448.00 in an account that pays 8.00% compound interest per year. The investor wants to find the amount of compound interest earned
An investor places $9,448.00 in an account that pays 8.00% compound interest per year. The investor wants to find the amount of compound interest earned at certain "milestones" in his investment: MILESTONE: MILESTONE 1: 3.00 years MILESTONE 2: 6.00 years MILESTONE 3: 11.00 years Find the total compound interest earned through Milestone 1. Find the total simple interest earned through Milestone 1.
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Invested How I Learned To Master My Mind My Fears And My Money To Achieve Financial Freedom And Life With A Little Help From Warren Buffett, Charlie Munger, And My Dad
Authors: Danielle Town, Phil Town
1st Edition
0062672649,0062672673
