Question
If you deposit $700 in a bank account that earns 8 percent per year, how much total interest will you have earned after the third
| If you deposit $700 in a bank account that earns 8 percent per year, how much total interest will you have earned after the third year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) |
| Total interest | $ |
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
7th Edition
0357442040, 978-0357442043
