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This morning, you invested your tax refund of $7,000 at an interest rate of 10 percent, compounded annually. How much will this investment be worth

This morning, you invested your tax refund of $7,000 at an interest rate of 10 percent, compounded annually. How much will this investment be worth 8 years from now? $15,005.12 $17,775.57 $18,894.15 $19,656.26 $12,925.99

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