You deposit $200 in a savings account that earns 8% annual interest compounded monthly. How much money do you have in savings after 10 years? Round to the nearest hundredths.

You deposit $200 in a savings account that earns 8% annual interest compounded monthly. How much money do you have in savings after 10 years? Round to the nearest hundredths.

asked Oct 27, 2023 57.1k views

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