ManiyahE123 ManiyahE123

26-02-2021
Mathematics

contestada

$745 is deposited into an account that earns 4% simple interest for 8 years.
What is the total interest earned in all 8 years?

Respuesta :

reaghant0329 reaghant0329

26-02-2021

$29.80 is your answer

Answer Link

nurferna nurferna

26-02-2021

Answer:

$241.60

Step-by-step explanation:

100%->$755

1%->$755÷100=$7.55

4%->$7.55×4=$30.20

4×8=32

32%->$7.55×32=$241.60

Answer Link

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