Answer:
d. $240.08
Explanation:
With need to use the compound interest formula
[tex]Principal * (1+ r)^{time} = Amount[/tex]
We post our given values and calculate
[tex]125* (1+ 0.085)^{8} = Amount[/tex]
[tex] Amount = 240.0755423[/tex]
She will save 240.08 dollars
How to convert the rate to a decimal number:
8.5/100= 0.085
