Pre-Algebra

Sally puts \$200.00 in a bank account. This account earns 8% compound interest. How much money is in the account after three years?
A
\$151.94
B
\$240.00
C
\$251.94
D
\$160.00

I really need help on how to solve this, I tried all the stuff I learned this unit, but I can't really solve it correctly, so I'd really appreciate help.

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1. 200 (1.08)^3

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2. Thank you very much!
My answer is 251.94, is that correct?

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3. yes

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4. Unit 6 lesson 6 Portfolio PreAlgebra answers for Triand.
1. B
2. D
3. D
4. D
5. B
6. C
7. B
8. C
9. D
10. D
11. A
12. B
13. A
14. B
15. B
16. C

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5. Wow is correct

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2. 👎

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