Question: Back in the 9 0 ' s , Chip invested some money into an account for 8 years that compounds annually at 0 . 9
Back in the s Chip invested some money into an account for years that compounds annually at The value at maturity was $ How much did he invest originally? What was the periodic rate? How much interest was earned during the life of the investment?
original investment
periodic rate
total interest earned
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