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How much would 500 invested at 4 percent interest compounded annually be worth after 15 years?
Updated: 12/12/2022
Wiki User
∙ 14y agoBest Answer
Rounded to two decimal places, and assuming the currency unit being used is dollars:
$500 x 1.0415 = $900.47
If the currency unit is different, please alter as appropriate - the numbers in the question will not be affected.
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∙ 14y agoThis answer is:
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150 if invested for three years at a 9 percent interest rate?
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