Autumn invested 2800 in a account paying an interest rate of 6.2% compounded monthly.Assuming no deposits or withdrawals are made how much m

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Autumn invested 2800 in a account paying an interest rate of 6.2% compounded monthly.Assuming no deposits or withdrawals are made how much money to the nearest ten dollars would be in the account after 8years

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Delwyn 6 months 2021-07-18T11:30:10+00:00 1 Answers 7 views 0

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    2021-07-18T11:31:21+00:00

    Answer:

    4530.55

    Step-by-step explanation:

    2800 x 6.2% = 173.6

    2800 + 173.6 = 3157.96

    repeat this step 8 times because you need to find the money in the account after 8 years. Tell me if you need further explanation

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