[Step-by-Step] (Compound Interest) To what amount will the following investments accumulate? $5,000 invested for 10 years at 10 percent compounded annually
Question: (Compound Interest) To what amount will the following investments accumulate?
- $5,000 invested for 10 years at 10 percent compounded annually
- $8,000 invested for 7 years at 8 percent compounded annually
- $775 invested for 12 years at 12 percent compounded annually
- $21,000 invested for 5 years at 5 percent compounded annually
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