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April 24, 2014

Homework Help: math

Posted by Melissa on Tuesday, January 3, 2012 at 6:16pm.

sam invested $5000 in a GIC earning 8% compound interest per year, the interest gets added to the amount invested, so the next year sam gets the interest on the interest already earned , as well as on te original amoun, how much will sam's investment be worth at the end of 10 years

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