How much would $150 invested at 8% interest compounded annually be worth after 13 years? Round your answer to the nearest cent. Do not include units in your answer.

Question

anonymous · Answer

$422.92

anonymous · Answer

407.94
thank u for trying tho

anonymous · Answer

skittles i see these alot is there some sorta easy way of doing them

anonymous · Answer

i dont think so. i've spent a lot of time searching for online calculators to solve them and stuff like that but i haven't found a single thing that would help you out. you just have to solve manually i guess

anonymous · Answer

hmm ok

anonymous · Answer

{1.08^13} * 150 = 408(approx) Link for financial calculator : http://moneychimp.com/calculator/compound_interest_calculator.htm