Question

How much would $200 invested at 4% be worth after 8 years

Answer 1

depends on how the interest is compounded ...

Answer 2

if its simple interest, then A = P(1+rt), otherwise it gets messy

Answer 3

i was kinda hoping that the asker could fill in some of the parts, and participate in the solution process.

Answer 4

I am sorry....I will delete my comments

Answer 5

Let's assume 4% compounded annually
Amount Earned = Principal * (1+rate)^years
Amount Earned = $200 * (1.04)^8
Amount Earned = $200 * 1.3685690504
Amount Earned = $273.7138100811
Amount Earned = $273.71
Compound Interest Calculator to check your work:
http://1728.org/compint.htm