1. You invest $2000 in an account that pays simple interest of 7% for 10 years....

 

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1. You invest $2000 in an account that pays simple interest of 7% for 10 years. The amount of money you'll have at the end of 10 years is: 2. Use the compound interest formula to determine the accumulated balance after the stated period. $8000 invested at an APR of 5% for 6 years. 3. Use the appropriate compound interest formula to compute the balance in the account after the stated period. $13,000 is invested for 8 years with an APR of 4% and quarterly compounding. 1. You invest $2000 in an account that pays simple interest of 7% for 10 years. The amount of money you'll have at the end of 10 years is: 2. Use the compound interest formula to determine the accumulated balance after the stated period. $8000 invested at an APR of 5% for 6 years. 3. Use the appropriate compound interest formula to compute the balance in the account after the stated period. $13,000 is invested for 8 years with an APR of 4% and quarterly compounding.