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Interest compounded 8 percent of $3000.what is amount in year.
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1 vote
Interest compounded 8 percent of $3000.what is amount in year.

User Ihar Katkavets
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1 Answer

3 votes
If you would like to solve 8 percent of $3000, you can do this using the following steps:

8 percent of $3000 = 8% * $3000 = 8/100 * 3000 = 8 * 30 = $240

The correct result would be $240.
User Jljohnstone
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