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You put $2,225.50 into an investment at 1.3% for eight years. What will the balance be at the end of eight years?
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22 votes
22 votes
You put $2,225.50 into an investment at 1.3% for eight years. What will the balance be at the end of eight years?

User Aviade
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2 Answers

11 votes
11 votes
The answer would be 2467.76
User Tosh
by
2.9k points
30 votes
30 votes

Answer:

2467.76

Explanation:

The total compound interest is 242.26

User Naeem
by
2.8k points
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