interest

If $635 is invested in an account that earns 9.25%, compounded annually, what will the account balance be after 21 years?

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  1. http://www.moneychimp.com/articles/finworks/fmfutval.htm

    The formula is here.

  2. amount = 635(1.0925)^21 = .....

    you do the button-pushing.

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    posted by Reiny

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