How much would be in your savings account in eight years after depositing $180 today if the bank pays 8 percent per year? (do not round intermediate calculations. round your answer to 2 decimal places.) 10 points future value skipped ebook hint print referer lo

$333.17

Step-by-step explanation:

Use the compounding formula

where A(t) is the amount at the end of the compounding,

P is the initial deposit,

r is the interest rate in decimal form, and

t is the time in years.

Filling in our info:

Simplify a bit to

Raise 1.08 to the 8th power and get

A(t) = 180(1.85093021) and then multiply to get

A(t) = $333.17

step-by-step explanation:

you can add the two numbers and divide the result by 2. or you can find the gap between the two numbers and add half of this to the smaller number.

2x^2+5x+17

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