What is investment at 8% annual interest


Chris Spear invested $11,734 today in a fund that earns 8% compounded annually. To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years if the fund earns 8% annual interest compounded semiannually? (Round answers to 2 decimal places, e.g. 12,250.25..)

what is Investment at 8% annual interest

what is Investment at 8% annual interest compounded semiannually

 

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Accounting Basics: What is investment at 8% annual interest
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