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Mathematics 7 Online
OpenStudy (anonymous):

How much would $150 invested at 8% interest compounded annually be worth after 13 years? Round your answer to the nearest cent. Do not include units in your answer.

OpenStudy (amistre64):

A = 150(1.08)^13

OpenStudy (anonymous):

150*1.08^13

OpenStudy (anonymous):

Damn, beat me to it :P

OpenStudy (amistre64):

:) its these lightning fast reflexes and lack of care for spelling ;)

OpenStudy (anonymous):

Haha, I don't doubt it.

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