SOLUTION: what is the interest on $8,000 that is invested at 6% for 3 1/2 years? round to nearest cents

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Question 717253:

what is the interest on $8,000 that is invested at 6% for 3 1/2 years? round to nearest cents
Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
8,000(1+.06)^3.5
8,000*1.06^3.5
8,000*1.226=$9,809.81 ans.