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What is the simple interest on an 8000 investment at 1.5 interest for 10 years

What is the simple interest on an 8000 investment at 1.5 interest for 10 years
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4 votes
What is the simple interest on an 8000 investment at 1.5 interest for 10 years

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User HansTheFranz
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1 Answer

3 votes
8000 * 0,015 = 120

10 years: 120 * 10 = 1.200

This is the simple interest.
answered
User Mikbal
by
8.6k points
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