( Compound interest) To what amount will the following investments accumulate? a.$6,000 invested for 12 years at 12 percent compounded annually b.$7,500 invested for 8 years at 8 percent compounded annually c.$6,400 invested for10 years at 10 percent compounded annually d.$22,000 invested for 6 years at 6 percent compounded annually

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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( Compound interest) To what amount will the following investments accumulate?

a.$6,000 invested for 12 years at 12 percent compounded annually

b.$7,500 invested for 8 years at 8 percent compounded annually

c.$6,400 invested for10 years at 10 percent compounded annually

d.$22,000 invested for 6 years at 6 percent compounded annually

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