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If you invest $1,900 today at your local bank for 10 years at 8.6% interest rate. How much will you have? (Hint: Compounding interest rate

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If you invest $1,900 today at your local bank for 10 years at 8.6% interest rate. How much will you have? (Hint: Compounding interest rate at end of the year] [Hint: Round your answer in 2 decimal places][Hint: use the formula to calculate the answer. Do not use the factor table] Your Answer: Answer Question 10 (10 points) If you invest $1,500 today at your local bank fof 10 years at 6.4% interest rate. How much will you have? (Hint: Compounding interest rate at end of the year] [Hint: Round your answer in 2 decimal places)(Hint: use the formula to calculate the answer. Do not use the factor table] Your

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