Answer:
$8998.91
Step-by-step explanation:
8000*1.04^3
it is to the power of 3 because this is the number of years
it is multiplied by 1.04 because there is 4% interest and it is 1.something because you want to add tp the 8000 so you have to multiply it by more than 1
it is 04 because this is where the units go (if it was 40% then the multiplier would be 1.4
