sophiacoteat sophiacoteat

19-10-2021
Mathematics

contestada

Vince opened a savings account and deposited $100.00 as principal. The account earns 15% interest, compounded annually. How much interest will he earn after 8 years?

Respuesta :

Аноним Аноним

19-10-2021

Answer:

120

Step-by-step explanation:

1 year = 15% of 100.00

..15 percent *100 =

(.15:100)*100 =

(.15*100):100 =

15:100 = 0.15

15 x 8 = 120

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