8000(1.00041667)^60x
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1 Answer

This looks like a compound interest question, where interest is compounded monthly for a period of 60 months (5 years) at a rate of 0.5% per year. 8000 may represent an initial amount borrowed or invested. The result is 8202.48x (perhaps an amount plus interest). We don't know what x represents, so the expression cannot be evaluated further.
by Top Rated User (1.2m points)

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