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Verified Answer :

If you're looking for the interest the answer would be:
i=8,000.0153
i=360.
The interest would be $360 dollars. 
The balance would be 8,000+360= $8,360

Lildroppasunshine

you do $8000(1.50)^3
with 3 being the amount of years. which ends up being $27,000 after three years

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