How much would $200 invested at 4% interest compounded monthly be worth after 8 years? round your answer to the nearest cent.
a(t)=p(1+r/2)^nt
a. $205.40
b. $273.71
c. $322.83
d. $275.28

Your formula is wrong
it should be

A=future amount
P=present amount
r=rate in decimal
n=number of times per year compounded
t=time in years

given
P=200
R=0.04
N=12 (12 months in 1 year)
t=8




A=275.279
round
275.28

D is answer

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Answer might be d.i think