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
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