Answered

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If a person invests $190 at 8% annual interest, find the
approximate value of the investment at the end of 10 years.

Sagot :

Answer:

$410

Answer From Gauth Math

Step-by-step explanation:

This the problem of compound interest

If any amount P is invested at rate of r% per year then its value after n years is given by

amount =  

______________________________

Given

p = $190

r =8%

n = 10 year then

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