Question:

Hamada invests 20 000 at 8 annual interest leaving the money

Last updated: 2/4/2024

Hamada invests 20 000 at 8 annual interest leaving the money

Hamada invests 20 000 at 8 annual interest leaving the money invested without withdrawing any of the interest for 8 years At the end of the years Hamada withdraws the accumulated amount of money the amount of interest assuming the investment earns compound interest is O a 32 800 O b 17 018 60 O c 12 800 O d 7 200