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.

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asked Oct 27, 2023 57.1k views

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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.

Mathematics
college

Jerome P Mrozak asked

by Jerome P Mrozak

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Explanation:

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Heiko Hatzfeld answered Nov 1, 2023

by Heiko Hatzfeld

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