SOLUTION: Joy puts $300.00 into an account to use for school expenses. The account earns 9% interest, compounded annually. How much will be in the account after 8 years?

Question 1184661: Joy puts $300.00 into an account to use for school expenses. The account earns 9% interest, compounded annually. How much will be in the account after 8 years?

Answer by josgarithmetic(39616) (Show Source): You can put this solution on YOUR website!
What way do you need to solve this?
$300 account, interested compounded 9% annually for 8 years

YEARS            BALANCE
  0                300
  1                327
  2                356
  3                389
  4                423
  5                462
  6                503
  7                548
  8                597.77

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