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You invest $3,700 for three years at 8 percent. a. What is the value of your investment after one year? Multiply $3,700 1.08. Value
You invest $3,700 for three years at 8 percent. a. What is the value of your investment after one year? Multiply $3,700 1.08. Value of investment 3,996 b. What is the value of your investment after two years? Multiply your answer to part a by 1.08. (Round your a places.) Value of investment $ 4,315.68
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Financial Accounting
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice
10th edition
324645570, 978-0324645576
