Question: Billy Bob has $1000. How much would he have after 8 years if he leaves it invested at 1.5% with annual compounding? (Answer in $s

Billy Bob has $1000. How much would he have after 8 years if he leaves it invested at 1.5% with annual compounding? (Answer in $s to the nearest cent, i.e. xxxx.xx with no $ sign needed.)

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