You invest $200 in a savings account. The account pays 3% interest compounded monthly. How much money is in the account after 8 years?

asked Aug 20, 2021 201k views

3 votes

You invest $200 in a savings account. The account pays 3% interest compounded monthly. How

much money is in the account after 8 years?

6.2k points

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5 votes

Answer:

I think It'll be

$2340.68

Explanation:

Ronginat answered Aug 26, 2021

5.7k points

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