Answered

From science to arts, IDNLearn.com has the answers to all your questions. Ask any question and get a detailed, reliable answer from our community of experts.

Find the balance in the account after the given period
$3000 principal earning 5% compounded annually, 8 years
i really need help im confused

Sagot :

Savannahi13idn

Answer:

$1200

Step-by-step explanation:

5% of $3000 = $150

multiply 8 by $150 = $1200

Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Your questions deserve accurate answers. Thank you for visiting IDNLearn.com, and see you again for more solutions.