Jenny invest $1000 at a rate of 12.5% that compounds annually for eight years the future value of the investment can be calculated hal

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

where  

A is the Final Investment Value  or Future Value

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

substitute in the formula above

question:

could we have options?