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31 March, 00:29

Angelina wants to put $4,550 in a bank account that earns 5.6% interest compounded quarterly, how much interest will she earn in 8 years?

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Answers (2)
  1. 31 March, 00:55
    0
    If they are wanting to know the interest in 8 years ...

    8 years =
  2. 31 March, 02:25
    0
    7,035.95

    Step-by-step explanation:

    If your Current Principal Is 4,550.00, and your interest rate is 5.6%, then in 8 years you would have 7,035.95 if your interest rate is anually.
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