Question: al View Policies Current Attempt in Progress ss Gary Spear invested $16,000 today in a fund that earns 8% compounded annually. Click here to view

al View Policies Current Attempt in Progress ss Gary Spear invested

al View Policies Current Attempt in Progress ss Gary Spear invested $16,000 today in a fund that earns 8% compounded annually. Click here to view factor tables To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years if the fund earns 8% annual interest compounded semiannually? (Round factor values to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg. 458,581.) pport Investment at 8% annual interest S Investment at 8% annual interest, compounded semiannually e Textbook and Media

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