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Compound Interest

5–1. (Calculating future value) (Related to Checkpoint 5.2 on page 136) To what amount will the following investments accumulate?
1. $5,000 invested for 10 years at 10 percent compounded annually
2. $8,000 invested for 7 years at 8 percent compounded annually
3. $775 invested for 12 years at 12 percent compounded annually
4. $21,000 invested for = years at = percent compounded annually
5–2. (Calculating future value) (Related ...

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