Register

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?

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?
194k views
5 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 Rich Werden
by
9.0k points

2 Answers

3 votes
The answer would be 2467.76
User Tiffiany
by
8.5k points
5 votes

Answer:

2467.76

Explanation:

The total compound interest is 242.26

User Mamed
by
9.3k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!