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19 May, 21:59

2

Stock in a hugely successful high-tech

company is compounded at a rate of 20% per

year. How much interest would a $4,000

investment in the company earn in 5 years?

F

$3,125.00

G

$10,613.19

H

$9,953.28

$5,953.28

+2
Answers (1)
  1. 19 May, 23:37
    0
    5953.28

    Step-by-step explanation:

    4000 X 1.2^5=9953.28

    9953.28-4000=5953.28
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