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Solve the Problem. -If $1250 Is Invested at a Rate of F 8

Question 127

Multiple Choice

Solve the problem.
-If $1250 is invested at a rate of f 8 Solve the problem. -If $1250 is invested at a rate of f 8 compounded monthly, what is the balance after 10 years? A) $1594.31 B) $1031.25 C) $2281.25 D) $2844.31 compounded monthly, what is the balance after 10 years? Solve the problem. -If $1250 is invested at a rate of f 8 compounded monthly, what is the balance after 10 years? A) $1594.31 B) $1031.25 C) $2281.25 D) $2844.31


A) $1594.31
B) $1031.25
C) $2281.25
D) $2844.31

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