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You have $480 in an account which pays 4.7% compounded annually. If you invest your money for 7 years, then how many dollars of interest
You have $480 in an account which pays 4.7% compounded annually. If you invest your money for 7 years, then how many dollars of interest will you earn by the end of the term? The amount of interest you will earn by the end of the term is $ (Round to the nearest cent.)
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