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Use Values from the Compound Interest Table to Find the Compound

Question 24

Multiple Choice

Use values from the compound interest table to find the compound amount. Round to the nearest cent. Use values from the compound interest table to find the compound amount. Round to the nearest cent. -$8,000 at 8% compounded annually for 8 years A) $12,480.00 B) $14,807.44 C) $13,710.59 D) $13,120.00
-$8,000 at 8% compounded annually for 8 years


A) $12,480.00
B) $14,807.44
C) $13,710.59
D) $13,120.00

Correct Answer:

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