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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

Posted: Wed Mar 09, 2022 8:49 am
by answerhappygod
Find The Total Amount Of Money Accumulated For An Initial Investment Of 200 At An Annual Rate Of 8 Compounded Annually 1
Find The Total Amount Of Money Accumulated For An Initial Investment Of 200 At An Annual Rate Of 8 Compounded Annually 1 (12.03 KiB) Viewed 64 times
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 question about compound interest, not simple interest.) (Note: Include a dollar sign in your answer) Amount: