Five years from today you plan to invest 4900 for 8


Five years from today, you plan to invest $4,900 for 8 additional years at 7.8 percent compounded annually. How much will you have in your account 13 years from today?

  • $13,008.88
  • $8,936.06
  • $7,133.29
  • $9,439.74
  • $9,322.51

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Finance Basics: Five years from today you plan to invest 4900 for 8
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