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Over a period of four and half years an investment grows to $ 2 0 , 0 0 0 . ( a ) If money

Over a period of four and half years an investment grows to $20,000.
(a) If money in this investment accummlated at a simple interest rate of 8%, what was the initial amount for the investment? 
(b) If money in this investment accumulated at a compound interest rate of 8% per year, what was the initial amount for the investment? 

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