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25 June, 09:38

what will the total value of an investment of $5000 be if it has an interest rate of 7% and is invested for 20 years

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Answers (2)
  1. 25 June, 12:08
    0
    Answer:$12000

    Step-by-step explanation:

    7% of 5000 is 350.

    350x20 = 7000

    5000 + 7000

    12000

    Thats without compound interest and considering market value.

    The value of your money can always change. This is simply the base value without market change.
  2. 25 June, 12:48
    0
    Answer:673
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