Mathematics, 13.12.2020 17:40 pandamaknae2003

Colton opened a savings account and deposited $1,000.00 as principal. The account earns 11% interest, compounded annually. What is the balance after 8 years? Round your answer to the nearest cent.

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Colton opened a savings account and deposited $1,000.00 as principal. The account earns 11% interest...