3 years ago

A principal of $1800 is invested at 4% intrest, compounded annually. How much will the investment be worth after 8 years?

Mathematics

1 answer:

zavuch27 [327]3 years ago

5 0

So the equation would be 4\100 of 1800 every year = (4/100x1800)x8 years = 72x8 years = $576. Best of luck!

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