Answer:
x -1/3 = 2/3
x= 2/3+1/3
x= 3/3
x=1
Step-by-step explanation:
A. $205.40
B. $273.71
C. $322.83
D. $275.28
The worth of $200 invested at 4% interest compounded monthly after 8 years would be $275.28.
When an amount is compounded monthly, both the amount invested and the interest accrued increase in value every month.
The formula for calculating future value:
FV = P (1 + r)^nm
$200(1 + 0.04/12)^(12 x 8) = $275.28
To learn more about future value, please check: brainly.com/question/18760477
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