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eimsori [14]
2 years ago
6

You deposit 3,500 $ in an account that earns 4% interest compounded yearly. Find the balance after 8 years.​

Mathematics
2 answers:
Fantom [35]2 years ago
8 0

Answer:

3500×1.04power of 8

$4789.99

blondinia [14]2 years ago
5 0

Answer:

1st year=4÷100×3 200=128

3 200+128=3328

2nd year=4÷100×3 328=133.12

3328 +133.12=3 461.12

......

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