How much would 200$ invested at 4% interest compounded monthly be worth after 8 years

asked Jun 22, 2024 209k views

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about $275.28

Explanation:

4% of a 200.00$ interest is just 8$, so it would not be worth thousands of dollars even in a 8 year period of time.

Dorn answered Jun 27, 2024

by Dorn

7.5k points

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