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    avril2013's Avatar
    avril2013 Posts: 1, Reputation: 1
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    #1

    Apr 22, 2013, 04:53 PM
    4,800 invested for 10 years at 9% compounded annually will accumulate to
    4,800 invested for 10 years at 9% compounded annually will accumulate to
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
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    #2

    Apr 22, 2013, 05:37 PM
    Zero... because any investment promising 9% returns is a sham.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    Apr 22, 2013, 06:31 PM
    I will assume this is home work based on a old book, but if this is suppose to be a real question, I agree, 9 percent is not really possible any longer, at least on a regular basis.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #4

    Apr 25, 2013, 09:53 AM
    Looks like a homework question.
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