Answer:
Approximately $584.43
Step-by-step explanation:
Your formula is A=Pe^rt
A is what you're looking for, the amount
P is the principal aka what you put into the account: $150
e is the mathematical constant. You'd plug that into your calculator.
r is the rate, you'd put it into the equation as a decimal: 8%=.08
t is the time in years: 17
A=150e^.08x17 you can plug this into your calculator
A=$584.43
