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What is the total amount that Matthew's bank will receive after lending him $8,000 for four years at an interest rate of 6 percent, compounded annually? a.$9,358.87 b.$10,099.80 c.$10,210.25
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What is the total amount that Matthew's bank will receive after lending him $8,000 for four years at an interest rate of 6 percent, compounded annually?

a.$9,358.87
b.$10,099.80
c.$10,210.25

User Steevee
by
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1 Answer

6 votes
The answer would be b.

User VDV
by
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