Find the total amount of money accumulated for an initial investment of $200 at an annual rate of 8% compounded annually
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Find the total amount of money accumulated for an initial investment of $200 at an annual rate of 8% compounded annually
question about compound interest, not simple interest.) (Note: Include a dollar sign in your answer) Amount:
Find the total amount of money accumulated for an initial investment of $200 at an annual rate of 8% compounded annually for 6 years. (Notice from the wording that this is a