Mathematics · Compound Interest
An amount of $10,000 invested at 8% annual compound interest will grow to approximately what value after 3 years?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$13,000
- 2$12,974
- 3$12,600✓
- 4$12,400
Correct answer
$12,600
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