stillsick stillsick

26-10-2020
Mathematics

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Find the future value and the compound interest if $7000 is invested for 5 years at 14% p.a.

Find the future value and the compound interest if 7000 is invested for 5 years at 14 pa class=

Respuesta :

williamcedano69 williamcedano69

26-10-2020

Answer:

14,039

Step-by-step explanation:

The interest gets you about 980 dollars a year but the compound get you around 4k on the since it doubles each year

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