Sally has $8,000 in a savings account earning 12% annual interest. How much will be in her account 10 years from now?

Question

how sally makes interest in the  game of life and ho to do so

Answer 1

Please tell me first, where is Sally's bank because I want to open an account there!

 

The compound interest formula for annual interest gives: 8000 * (1.12)¹⁰ = 24846.79