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OpenStudy (delaneyparris):
an investment account earns %4 per year compounded annually. If the initial investment was $4,000.00, how much is in the account after 3 years? round your answer to the nearest dollar.
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OpenStudy (tkhunny):
Have you considered calculating it? 4000 * 1.04 = 4160 -- End of year 1 4160 * 1.04 = ?? -- End of year 2
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