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What is the value of an investment if the value in 6 years is $12000 and the annual interest rate is 5%, compounded monthly? If
What is the value of an investment if the value in 6 years is $12000 and the annual interest rate is 5%, compounded monthly? If you want to invest $3000 dollars at 5% simple interest, how long will it take for the money to double? In order to pay for college, the parents of a child invest $20,000 in a bond that pays 8% interest compounded semiannually. How much money will there be in 18 years
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