9514 1404 393
Answer:
$1295.35
Step-by-step explanation:
The compound interest formula can be used to find the account balance.
A = P(1 +r)^t . . . . principal P invested at annual rate r compounded for t years
A = $600(1 +0.08)^10 ≈ $1295.35
You will have $1295.35 in the account in 10 years.
