You get a bonus of 800.00. You invest it in an account that earns 2.5% interest compounded monthly. How much interest will you earn after 4 years.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section7.7: Writing Exponential Functions
Problem 8CYU
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You get a bonus of 800.00. You invest it in an account that earns 2.5% interest compounded monthly. How much interest will you earn after 4 years.
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