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Using the compound interest tables:

a. what amount of interest will be earned on an investment

of $10,500 left on deposit by Marcy for three years at 9% interest compounded annually?

b. Travis deposited $10,000 in a fund that earns 8% interest compounded annually. How many years will it take for the fund to grow to $21,598.25?

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The future value of $1 table shall... View the full answer


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