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How much would $500 invested at 8% interest compounded annually be worth after 4 years? round answer to the nearest cent

How much would $500 invested at 8% interest compounded annually be worth after 4 years? round answer to the nearest cent
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How much would $500 invested at 8% interest compounded annually be worth after 4 years? round answer to the nearest cent

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User Brian Wright
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1 Answer

3 votes
The working is in the picture
Total money: $680.20
Interest Earned (only): $180.20
->(all to the nearest cent)
How much would $500 invested at 8% interest compounded annually be worth after 4 years-example-1
answered
User Omkar Bandkar
by
8.9k points
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