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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 $ is earning an interest rate of compounded annually, then it will take for this investment to reach a value of $assuming that no additional deposits or withdrawals are made during this time.
Which of the following statements is trueassuming that no additional deposits or withdrawals are made?
If you invest $ today at annual compound interest for years, you'll end up with $
If you invest $ today at annual compound interest for years, you'll end ip with $
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