SOLUTION: Eva invests $9800 in a new savings account which earns 4.1% annual interest, compounded monthly. What will be the value of her investment after 8 years? Round to the nearest cent.

Question 1140559: Eva invests $9800 in a new savings account which earns 4.1% annual interest, compounded monthly. What will be the value of her investment after 8 years? Round to the nearest cent.
Answer by ikleyn(52866) (Show Source): You can put this solution on YOUR website!
.

Future value = .



Use your calculator.

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