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Please help! 25 points! Compound intrest!!!
Latrice invested $500 at 8% interest compounded annually.? ?
How much interest does she earn in 2 years?



$83.20


$80.00


$508.00


$408.00

Respuesta :

The answer is actually $80.00, I just took the test.

dclary2002

Answer:

80$

Step-by-step explanation:

The interest rate is 8% which is .08

500x.08=$40

40x2= $80