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Lubov Fominskaja [6]
3 years ago
15

Lucy invested $19,000 in an account paying an interest rate of 3% compounded annually. Assuming no deposits or withdrawals are m

ade, how much money, to the nearest hundred dollars, would be in the account after 8 years?
Mathematics
1 answer:
Verdich [7]3 years ago
3 0

Answer:

23560

Step-by-step explanation:

3% of 19k is 570

570*8=4560

4560+19000=23560

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