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Sue now has $490. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding

Sue now has $490. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding
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1 vote
Sue now has $490. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding

User Bhavesh Dhaduk
by
8.5k points

1 Answer

4 votes
A=490×(1+0.085)^(8)
A=941.096
User Knu
by
8.1k points
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