I WILL FAN WHOEVER HELPS!!!!

For the investment with interest compounded annually, find the final balance and the total interest earned.

$500 for 2 years at 8%

A.

final balance: $540
interest earned: $40

B.

final balance: $580
interest earned: $80

C.

final balance: $583.20
interest earned: $83.20

D.

final balance: $620
interest earned: $120

Question

I WILL FAN WHOEVER HELPS!!!! 

For the investment with interest compounded annually, find the final balance and the total interest earned. 

 

$500 for 2 years at 8%
	
	
 
A.
	

final balance: $540
interest earned: $40
	
 
B.
	

final balance: $580
interest earned: $80
	
 
C.
	

final balance: $583.20
interest earned: $83.20
	
 
D.
	

final balance: $620
interest earned: $120

anonymous · Answer

SOMEONE PLEASE HELP?! ;(

anonymous · Answer

THIS IS MY 3RD TIME TAKING THIS TEST, AND I NEVER PASS, SO SOMEONE PLEASE HELP ME?!