Mathematics, 26.01.2021 18:20 joejoefofana

The amount of money, A, accrued at the end of n years when a certain amount, P, is invested at a compound annual rate, r, is given by A=P(1+r)^x. If the person invests $500 in a account that pays 8% interest compounded annually, find the balance of 9 years.

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