Question: Ellen now has $125. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $216.67 b.

Ellen now has $125. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?

a. $216.67
b. $252.08
c. $228.07
d. $240.08
e. $205.83

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