Answered

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How is the future value of $500 invested for one year at 6% annual interest computed?

Sagot :

DrShrimpPuertoRico

If you put $500 in a bank with a 6% investment rate (which is rather high honestly) then next year you would have $530 in the bank, then 561.80 and so on. I feel like I misunderstood the question, but hopefully this helps, if at all.

May I have brainliest please? :)

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