State the amount accumulated by each of the following present investments: (a) $6,000 in 8 years at
Question:
State the amount accumulated by each of the following present investments:
(a) $6,000 in 8 years at 6% compounded annually.
(b) $1,550 in 12 years at 5% compounded annually.
(c) $8,000 in 32 years at 9% compounded annually.
(d) $12,000 in 9 years at 8% compounded annually.
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