queenali191 queenali191

01-04-2022
Mathematics

contestada

Find the balance in the account after the given period
$3000 principal earning 5% compounded annually, 8 years
i really need help im confused

Respuesta :

savannahi13 savannahi13

01-04-2022

Answer:

$1200

Step-by-step explanation:

5% of $3000 = $150

multiply 8 by $150 = $1200

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