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Suppose that $6,000 is invested in an account at 5% intrest. Find the account balance after 8 years if the intrest is compounded anually.

 Apr 27, 2016
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Well...THAT's a horse of a different color from the original question (I assume you) posted

fv=pv (1.05)^8 = 8864.73

 Apr 27, 2016

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