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If an investment of $ 4 0 , 0 0 0 is earning an interest rate of 8 . 0 0 % , compounded annually,

If an investment of $40,000 is earning an interest rate of 8.00%, compounded annually, then it will take for this investment to reach a value of $56,554,46-assuming that no additional deposits or withdrawals are made during this time.
Which of the following statements is true-assuming that no additional deposits or withdrawals are made?
If you invest $5 today at 15% annual compound interest for 82.3753 years, you'll end up with $100,000.
If you invest $1 today at 15% annual compound interest for 82.3753 years, you'll end ip with $100,000.
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