A savings account earns 8% interest each year? If my initial deposit is $300, How much will I have at the end of 1 year?

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A savings account earns 8% interest each year? If my initial deposit is $300, How much will I have at the end of 1 year?

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Nem 5 months 2021-08-11T10:06:21+00:00 1 Answers 3 views 0

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    2021-08-11T10:07:23+00:00

    Answer:

    $324

    Step-by-step explanation:

    it earn 8% interest each year how much at the end of year 1,

    to calculate this you multiply 300 by 108% = 300 x 1.08 = 324

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