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Ashley started a savings account with Chase bank. She initially put in $200 in her account. If she was granted a .08% semi-annually, how much would she have in her account after…

Ashley started a savings account with Chase bank. She initially put in $200 in her account. If she was granted a .08% semi-annually, how much would she have in her account after…
asked 202k views
4 votes
Ashley started a savings account with Chase bank. She initially put in $200 in her account. If she was granted a .08% semi-annually, how much would she have in her account after a year?​

asked
User SantiagoIT
by
8.9k points

1 Answer

3 votes
200 * .08 = 16
account now equals 216
216 * .08 = 17.28
total after one year = $233.28

answered
User Zenpoy
by
8.3k points
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