$8000 are invested in a bank account at an interest rate of 10 percent per year. Find the amount in

Discussion in 'Calculator Requests' started by math_celebrity, Jul 12, 2021.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    $8000 are invested in a bank account at an interest rate of 10 percent per year. Find the amount in the bank after 5 years if interest is compounded annually

    Using our compound interest with balance calculator, we get:
    12,884.08
     

Share This Page