119k views
4 votes
$100 at 8% for 20 years

User Nassim
by
8.7k points

2 Answers

5 votes
Is the answer $466.1
User Peter Camilleri
by
8.4k points
4 votes

Answer: $466.1

Explanation:

100*(1.08)^20=

100*4.661=$466.1

User Eebbesen
by
7.8k points

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