Question

Pls answer just the answer

Answer 1

Answer:

588000

Step-by-step explanation:

if i am wrong pls tell me cause i think there's a different answer gl g

Answer 2

Answer:

$103,421.88

Step-by-step explanation:

Given:

P = 70000

r = 0.05

n = 1

t = 8

Work:

$A=P(1+\frac{r}{n} )^{nt}\\\\A=70000(1+\frac{0.05}{1} )^{1*8}\\\\A=70000(1.05)^8\\\\A=103421.88$