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How much would 200 invested at 4% interest compounded monthly be worth after 8 years round to the nearest cent
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How much would 200 invested at 4% interest compounded monthly be worth after 8 years round to the nearest cent

User Vishrant
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1 Answer

2 votes
A=200×(1+0.04÷12)^(12×8)
A=275.28
User Nathan Friedly
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