Asked by Jasmine

Marcus invests $8,000, at 8% interest, compounded annually for 15 years. Calculate the compound interest for his investment.
Answered by Leo Galleguillos
Just add 8% every year.
Answered by oobleck
just as a hint, adding 8% every year means multiplying by 1.08 for each year, not adding 8% of the original 8000.
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