Mathematics, 16.10.2021 14:00, Arealbot

Sandra plans to retire and can receive a lump sum of $26,376 from her pension provider. 2

She decides to invest of the lump sum for 8 years and use the rest for travelling.

3

Her bank account pays 4.99% compound interest per annum.

How much interest will Sandra receive from this investment after 8 years?

Round your answer to the nearest thousand dollars.

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Sandra plans to retire and can receive a lump sum of $26,376 from her pension provider. 2