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Klio2033 [76]
3 years ago
5

Remember:

Mathematics
2 answers:
Novosadov [1.4K]3 years ago
6 0

Answer:

total amount=1573.29

interest amount=723.29

Step-by-step explanation:


Murljashka [212]3 years ago
4 0
For the answer to the question above asking to <span>choose the correct answers for the new balance and the amount of interest earned in the following compound interest problem. There are no choices so I will solve this one for you.
</span>850 ( 1+.08)^8
850 (1.08)^8

850(<span>1.85093021028)
=</span>1,573.29  is the amount of the <span> new balance and the amount of interest earned.

I hope my answer helped you. Feel free to ask more questions. Have a nice day!</span>
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