3.Assume that you deposit $9,000 at a compound interest rate of 8% for 5 years. Please calculate how much you will get at the end of the second year. Period 6% 1.060 7% 8% 1 1.070 1.124 1.145 1.080...

3.Assume that you deposit<br>$9,000<br>at a<br>compound<br>interest rate of 8% for 5<br>years. Please calculate how<br>much you will get at the end<br>of the second year.<br>Period<br>6%<br>1.060<br>7%<br>8%<br>1<br>1.070<br>1.124 1.145<br>1.080<br>1.166<br>1.191<br>1.262<br>1.225<br>1.311<br>1.260<br>1.360<br>1.338<br>1.403<br>1.469<br>-234 5<br>

Extracted text: 3.Assume that you deposit $9,000 at a compound interest rate of 8% for 5 years. Please calculate how much you will get at the end of the second year. Period 6% 1.060 7% 8% 1 1.070 1.124 1.145 1.080 1.166 1.191 1.262 1.225 1.311 1.260 1.360 1.338 1.403 1.469 -234 5

Jun 02, 2022

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3.Assume that you deposit $9,000 at a compound interest rate of 8% for 5 years. Please calculate how much you will get at the end of the second year. Period 6% 1.060 7% 8% 1 1.070 1.124 1.145 1.080...

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