*solve execises by using compounded interest formula


Principal $ 700
Time period 8years
nominal rate (%) 1.5
Interest compounded monthly
Compound amount ?
Compounded interest ?

*need to find the compound amount and compound interest

Answers

Answered by MathMate
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Answered by math HELP!! math
Umm Me and my friend posting cause we needed help!
Answered by betty
$1200.00
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