Javier put his $20,000 into a high yield savings account that pays 3.5% annually. The account is

compounded annually. If the bank uses a compound interest formula, how much will the account be

worth in 8 years if left untouched?

Respuesta :

Answer:

Step-by-step explanation:

3.5% of 20000 = 700

700 x 8 = 5600

2000 + 5600 = 25600