How much will krystal have accumulated for the down payment

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Question

Krystal wants to save for a downpayment on a home. She invests $8,000 at 4% annual interest, leaving the money invested without withdrawing any of the interest for 10 years.

How much will Krystal have accumulated for the down payment at the end of 10 years?

Reference no: EM132318901

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