How much would $500 interest at 8% interes the compounded annually be worth after 4 years ?

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asked May 14, 2018 3.4k views

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How much would $500 interest at 8% interes the compounded annually be worth after 4 years ?

Mathematics
high-school

Jekis asked

by Jekis

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Total = 500*(1.08)^4
Total = 500* 1.36048896
Total = 680.24

Nikolay Aleshkovskiy answered May 19, 2018

by Nikolay Aleshkovskiy

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