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6 October, 19:49

If $20,900 is invested at an interest rate of 8 percent per year, find the value of the investment at the end of 5 years for the following compounding methods.

Anual, semiannual, monthly, daily, continuously

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  1. 6 October, 22:59
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    annual

    Step-by-step explanation:

    You make a single deposit of $100 today. It will remain invested for 4 years at 8% per year compounded annually. What will be the future value of your single deposit at the end of 4 years?
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