You have 420 in an account which pays 44 compounded


You have $420 in an account which pays 4.4% compounded annually. If you you invest your money for 9 years, then how many dollars of interest will you earn by the end of the term?

The amount of interest you will earn by the end of the term is $___

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Financial Management: You have 420 in an account which pays 44 compounded
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