Peter puts $300.00 into an account to use for school expenses. The account earns 8% interest, compounded annually. How much will be in the account after 10 years?

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asked May 19, 2023 100.0k views

5 votes

Peter puts $300.00 into an account to use for school expenses. The account earns 8%

interest, compounded annually. How much will be in the account after 10 years?

Mathematics
high-school

Bishwarup Das asked

by Bishwarup Das

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The account will have $540 in 10 years

Rashidcmb answered May 24, 2023

by Rashidcmb

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