Question

how much would be in your savings acount in 8 years from an initial deposit of 150.00 today if the bank pays 7% 6% and (%

Answer 1

for 7%
amount after 8 years = 150(1.07)^8 = 257.73

do the same for the other rates

Answer 2

ok now the same 8 years at 8% with a deposit of 150.00 can you please show me the calculation

Answer 3

PLease .....
surely you can tell how the 1.07 relates to a rate of 7%.
give it a try.

Answer 4

so am i then 150 (1.07)^7%