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You want to put some money in a simple interest account. It pays 8% interest annually for 2 years. You would like to earn $500 in interest. How much money do you need to put in?…

You want to put some money in a simple interest account. It pays 8% interest annually for 2 years. You would like to earn $500 in interest. How much money do you need to put in?…
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4 votes
You want to put some money in a simple interest account. It pays 8% interest annually for 2 years. You would like to earn $500 in interest. How much money do you need to put in?

$80

$8,000

$3,125

$12,500

asked
User Dema
by
8.6k points

2 Answers

5 votes
I think the anser is really b im not sure but please thank me
answered
User Abhigyan Gaurav
by
7.9k points
4 votes

Answer:

its 3,125

Explanation:


answered
User Seyet
by
8.8k points
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