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Suppose you invest $1000 in an account paying 8% interest per year. a) What is the balance in the account after 3 years? How much of this balance corresponds to ‘interest on int…

Suppose you invest $1000 in an account paying 8% interest per year. a) What is the balance in the account after 3 years? How much of this balance corresponds to ‘interest on int…
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Suppose you invest $1000 in an account paying 8% interest per year.

a) What is the balance in the account after 3 years? How much of this balance corresponds to ‘interest on interest’?

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User Sisir
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7.8k points

1 Answer

2 votes

Answer:

wasd

Explanation:

answered
User Timespace
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