An investor puts $700 in an account that pays 2% interest compounded annually. Find the account balance after 8 years.
4 answers
Can you just show me the formula I can figure out the rest.
amount = pricipal(1 + i)^n
for your case i = .02
take over
for your case i = .02
take over
OK thank you!
THATS WRONG
2 answers