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10 POINTS!!! West deposited $15,500 in a savings account earning 2.5% simple interest. What was the total interest earned at the end of 8 years? A. $310.00 B. $484.38 C. $3,100.…

10 POINTS!!! West deposited $15,500 in a savings account earning 2.5% simple interest. What was the total interest earned at the end of 8 years? A. $310.00 B. $484.38 C. $3,100.…
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10 POINTS!!! West deposited $15,500 in a savings account earning 2.5% simple interest. What was the total interest earned at the end of 8 years?

A. $310.00

B. $484.38

C. $3,100.00

D. $4,843.75

asked
User Wolfr
by
8.4k points

2 Answers

0 votes

Answer:

3,100.00

Explanation:

answered
User Silas Parker
by
7.1k points
5 votes
I = PRT
I = (15,500)(0.025)(8)
I = 3,100 <==
answered
User Denis Kuzin
by
8.9k points
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