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15 May, 10:45

How much I treat will be earned on a savings account that pays 8% compounded annually, if $16,000 is invested for 2 years?

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  1. 15 May, 12:13
    0
    I=prt

    i=16000*8%*2

    i=16000*0.8*2

    i=25600
  2. 15 May, 13:42
    0
    400 dollers per year ...
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