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Future value You have $400 to invest. If you put the money into an account earning 6% interest compounded annually, how much money will
Future value You have $400 to invest. If you put the money into an account earning 6% interest compounded annually, how much money will you have in 8 years? How much money will you have in 8 years if the account pays 6% simple interest? If you put the money into an account earning 6% interest compounded annually, after 8 years you will have $ (Round to the nearest cent)
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