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A principal of $2800 is invested at 8% interest, compounded annually. How much will the investment be worth after 9 years? Use the calculator provided and round your answer to the nearest dollar.
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A principal of $2800 is invested at 8% interest, compounded annually. How much will the investment be worth after 9 years?

Use the calculator provided and round your answer to the nearest dollar.

User Bill Christo
by
8.8k points

1 Answer

2 votes

Answer:

2,016

Explanation:

You do 2800 x 0.08 in ur calculator which is 224 and multiply that by 9

User Kazzar
by
8.4k points
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