Answered

Welcome to Westonci.ca, your one-stop destination for finding answers to all your questions. Join our expert community now! Connect with a community of experts ready to help you find accurate solutions to your questions quickly and efficiently. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

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 :

savannahi13

Answer:

$1200

Step-by-step explanation:

5% of $3000 = $150

multiply 8 by $150 = $1200

Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.