Ask Question
19 April, 17:18

Sasha invests $1000 that earns 8% interest compounded annually. Which function describes the value of the investment after years?

+1
Answers (1)
  1. 19 April, 17:38
    0
    Well, it depends on how many years are you referring to. But if you want to know annually, it would be $80. Simple math, 8% of 1,000 is 80.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Sasha invests $1000 that earns 8% interest compounded annually. Which function describes the value of the investment after years? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers