Question: Egar invests $7,500, at 8% interest, compounded annually for 5 years. Manually calculate the compound amount for his investment. $8,922.26 $10,522.29 $11,000 $11,019.95

  1. Egar invests $7,500, at 8% interest, compounded annually for 5 years. Manually calculate the compound amount for his investment.
    $8,922.26
    $10,522.29
    $11,000
    $11,019.95

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