Register
How much would $200 invested at 4% interest compounded annually be worth after 8 years?
102k views
0 votes
How much would $200 invested at 4% interest compounded annually be worth after 8 years?

User Hemant Dixit
by
6.2k points

2 Answers

3 votes

Answer:

Explanation:

User Olegzhermal
by
6.2k points
4 votes
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
User HKTonyLee
by
7.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.3m questions

9.7m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
Please solve the following equation. x-6x=56
whats the most accurate estimation of 65+77
Find the additive inverse of 18/23
Link Copied!