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If you invest $800 today at your local bank for 7 years at 7.8% interest rate. How much will you have? [Hint: Compounding interest rate at end of the year] [Hint: Round your answer in 2 decimal places][Hint: use the formula to calculate the answer. Do not use the factor table]
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If you invest $800 today at your local bank for 7 years at 7.8% interest rate. How much will you hav...
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