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"Cara" opened a savings account and deposited "$800.00" as principal. The account earns 10% interest, compounded annually. What is the balance after 4 years<…

"Cara" opened a savings account and deposited "$800.00" as principal. The account earns 10% interest, compounded annually. What is the balance after 4 years<…
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"Cara" opened a savings account and deposited "$800.00" as principal. The account earns 10% interest, compounded annually. What is the balance after 4 years

User Mononofu
by
8.5k points

1 Answer

4 votes
320.00 dollars every 4 years
User Kamuela Franco
by
8.1k points
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