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How much would $200 invested at 4% interest compounded annually be worth after 8 years?
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How much would $200 invested at 4% interest compounded annually be worth after 8 years?
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Jan 3, 2019
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How much would $200 invested at 4% interest compounded annually be worth after 8 years?
Mathematics
high-school
Hemant Dixit
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Hemant Dixit
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Answer:
Explanation:
Olegzhermal
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Jan 5, 2019
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Olegzhermal
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You can work this out by doing the sum 200×1.04^8.
This gives the answer 273.71381
So it will be worth $273.71
HKTonyLee
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Jan 9, 2019
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HKTonyLee
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