Respuesta :
Answer:
Amount after 8 year will be $240.0755
So option (d) is correct option
Explanation:
We have given principle amount P = $125
Rate of interest r = 8.5 %
Time period n = 8 years
We have to find the amount which she get after 8 years
We know that amount is given by
[tex]A=P(1+\frac{r}{100})^n[/tex]
So amount will be [tex]A=125\times (1+\frac{8.5}{100})^8=125\times \times 1.920=$240.0755[/tex]
So amount after 8 year will be $240.0755
So option (d) is correct option
Answer:The answer is$240.08
Explanation:
A = P(1+r/100)^n
A=125(1+8.5/100)^8
A= 125(1+0.085)^8
A=125(1.085)^8
A=125(1.9206)
A=$240.08
