Consider a 4900 deposit earning 8 percent interest per year
Consider a $4,900 deposit earning 8 percent interest per year for 8 years.
What is the future value?
How much total interest is earned on the original deposit?
How much is interest earned on interest?
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consider a 4900 deposit earning 8 percent interest per year for 8 yearswhat is the future valuehow much total interest
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