$200 Is Invested in an Account Paying 7 $\approx$ $35154
B) $\approx$

Multiple Choice

$200 is invested in an account paying 7.5% compounded annually. How much will the account be worth after 8 years? [Round to the nearest cent. Use the compound interest formula .]

A) $\approx$ $351.54
B) $\approx$ $353.38
C) $\approx$ $356.70
D) $\approx$ $361.98