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Asked by Brenda

If I have $87,000 in an account with 4.5% interest, how much money will I have in 8 years?
9 years ago

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Answered by Reiny
assuming your rate is compounded annually,

what is 87000(1.045)^8 ?
9 years ago
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If I have $87,000 in an account with 4.5% interest, how much money will I have in 8 years?

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