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Calculating Compound Interest

Last updated almost 8 years ago

6 questions

1

Question 1

1.

Mandy invests $800 today in an account earning 6%. How much will it be worth in 5 years?

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Question 2

2.

Mandy invests $800 today in an account earning 6%. How much will it be worth in 10 years?

Question 3

3.

Mandy invests $800 today in an account earning 6%. How much will it be worth in 20 years?

Question 4

4.

Ryan invests $500 today in an account earning 4%. How much will it be worth in 5 years?

Question 5

5.

Ryan invests $500 today in an account earning 4%. How much will it be worth in 10 years?

Question 6

6.

Ryan invests $500 today in an account earning 4%. How much will it be worth in 20 years?