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$800 at 8% for 1 year. I need the simple interest and balance of the account.

$800 at 8% for 1 year. I need the simple interest and balance of the account.
asked 24.5k views
1 vote
$800 at 8% for 1 year. I need the simple interest and balance of the account.

asked
User Mostafa Armandi
by
8.4k points

1 Answer

5 votes
$800 x .08 = $64
Balance = $800 + $64 = $864
answered
User TimD
by
8.1k points
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