Find the balance in an account after 8 years if $500 is invested at 7% interest compounded annually

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asked Jun 15, 2021 113k views

1 vote

Find the balance in an account after 8 years if $500 is invested at 7% interest compounded annually

Mathematics
high-school

Akshay Pethani asked

by Akshay Pethani

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2 Answers

3 votes

Answer:

$859.09

Explanation:

Eldho NewAge answered Jun 18, 2021

by Eldho NewAge

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3 votes

Answer: 280

Explanation:

??/500=7/100

7x500/100

35/500=7/100

35x8=280

I think this is the answer.

Cklm answered Jun 19, 2021

by Cklm

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