Mathematics, 06.11.2020 20:30 tddreviews

If an investment of $40,000 is earning an interest rate of 12.00%, compounded annually, then it will take for this investment to reach a value of $66,610.25—assuming that no additional deposits or withdrawals are made during this time.

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If an investment of $40,000 is earning an interest rate of 12.00%, compounded annually, then it will...

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