Find the Total Amount for the Investment Using Compound Interest

question 156

Short Answer

Find the total amount for the investment using compound interest. $$\begin{array} { c | c | c | c | c } \text { Principal } & \text { Annual Interest Rate } & \text { Time in Years } & \text { Compounded } & \text { Total Amount } \\\hline \$ 9000 & 8.5 \% & 5 & \text { annually } &\end{array}$$

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Definitions:

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