Mathematics, 09.03.2021 21:10, laidbackkiddo412

Lucy deposited $1,000 into an account that earns 2.5% compound interest, compounded yearly. How much interest will Lucy earn after 8 years? my answer is $1218.40 but supposedly it's wrong.

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Lucy deposited $1,000 into an account that earns 2.5% compound interest, compounded yearly. How much...