Respuesta :

use the formula to calculate the amount in an account after t years compounded anually

[tex]A=P\cdot(1+r)^t[/tex]

in which

P= principal

r=rate

t= time in years

replace with the given values

[tex]A=(200.00)\cdot(1+0.08)^2[/tex]

simplify expression and solve

[tex]\begin{gathered} A=(200.00)\cdot(1.08)^2 \\ A=233.28 \end{gathered}[/tex]