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If $8000 is invested at a compound interest rate of 3% per annum, what will be t

Practice Questions

Q1
If $8000 is invested at a compound interest rate of 3% per annum, what will be the amount after 4 years?
  1. $9000.00
  2. $9009.12
  3. $8500.00
  4. $8509.12

Questions & Step-by-Step Solutions

If $8000 is invested at a compound interest rate of 3% per annum, what will be the amount after 4 years?
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