Asked by scooby9132002

If you invest $8,000 at 12% interest, how much will you have in 7 years?

16 years ago

Answered by Ms. Sue

Does the interest compound? How often?

Is 12% the yearly interest?

16 years ago

Answered by Nikki

N-84 (7*12)
I\Y-12%
P\Y-1
C\Y-1
PV-(8000)
PMT-0
FV-108,994,326

I think you do it this way but the number is too big...

16 years ago

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