You are considering investing in a savings account. You have $15,000 now and you do not anticipate needing that money fo

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answerhappygod
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You are considering investing in a savings account. You have $15,000 now and you do not anticipate needing that money fo

Post by answerhappygod »

You are considering investing in a savings account. You have
$15,000 now and you do not anticipate needing that money for 10
years.
Banks are paying 8.5% interest rate per year.
If you invest, How much money will you have after
10-years?
Enter your answer in the following format: 12345.67
Hint: Answer is between 31201.57 and 36967.08
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