If you invest $20,000 at 7%, what will the value of your investment be after annual compounding?

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If you invest $20,000 at 7%, what will the value of your investment be after annual compounding? (8 marks) i) 5 years ii) 7 years iii) 12 years iv) 20 years

Posted Date: May 11, 2024 05:26 AM

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If you invest $20,000 at 7%, what will the value of your investment be after annual compounding?

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To calculate the future value of an investment with annual compounding we can use the ... View the full answer

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