An investment today of $8,424 at 6% will yield total payments of $10,000 over five years.The reason for this increase is that the interest is being earned on principal that is left invested each year.

Name: An investment today of $8,424 at 6% will yield total payments of $10,000 over five years.The reason for this increase is that the interest is being earned on principal that is left invested each year.
Brand: Quizplus
Rating: 4.9 (57 reviews)

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Quizplus · Accepted Answer

11ea8870_3657_f563_bb89_db5aec715161_TB5025_00

An Investment Today of $8,424 at 6% Will Yield Total