After placing $8,000 in a savings account paying annual compound interest of 8%, calculate the amount that will accumulate if it is left for 8 years?

After placing $8,000 in a savings account paying annual compound interest of 8%, calculate the amount that will accumulate if it is left for 8 years? Much to your surprise, you were selected to appear on the TV show, “The Price is Right.” As a result of your prowess in identifying how many rolls of […]