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( Compound interest ) To what amount will the following investments accumulate? a. $5,000 invested for 8 years at 9 percent compounded annually. b. $8,000
(Compound interest) To what amount will the following investments accumulate?
a. $5,000 invested for 8 years at 9 percent compounded annually.
b. $8,000 invested for 8 years at 9 percent compounded annually.
c. $770 invested for 12 years at 11 percent compounded annually.
d. $22,000 invested for 4 years at 4 percent compounded annually.
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