A savings account earns 15% interest annually. What is the balance after 8 years in the savings acco

Discussion in 'Calculator Requests' started by math_celebrity, Mar 22, 2021.

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  1. math_celebrity

    math_celebrity Administrator Staff Member

    A savings account earns 15% interest annually. What is the balance after 8 years in the savings account when the initial deposit is 7500

    Using our compound interest with balance calculator, we get a balance of:
    22,942.67
     
    math_celebrity, Mar 22, 2021
    #1

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