What will be the amount accumulated by each of these present investments? (a) $7,000 in 5 years
Question:
(a) $7,000 in 5 years at 6% compounded annually
(b) $3,250 in 15 years at 5% compounded annually
(c) $ 18,000 in 33 years at 8% compounded annually
(d) $20,000 in 8 years at 9% compounded annually
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