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Seth is saving to buy a new car. He deposits $8,000 into a savings account that is compounded monthly at a rate of 6%. How much will Seth have in 10 years? A- $8480.00 B- $8409.12 C- $14,326.78 D- $14,
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Seth is saving to buy a new car. He deposits $8,000 into a savings account that is compounded monthly at a rate of 6%. How much will Seth have in 10 years?

A- $8480.00
B- $8409.12
C- $14,326.78
D- $14,555.17

User Sathish D
by
8.1k points

1 Answer

12 votes

Answer:

b

Explanation:

User Sagarmichael
by
7.9k points
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