Mathematics, 01.06.2020 07:57, mia3128

Clare has $5,003 in a savings account that earns 8% interest, compounded annually.

To the nearest cent, how much interest will she earn in 4 years?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Clare has $5,003 in a savings account that earns 8% interest, compounded annually. To the nearest c

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Clare has $5,003 in a savings account that earns 8% interest, compounded annually.

To th...