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Determine the simple interest on an account paying 5.5% annually interest of an investment of $20,650. a. $1115.65 c. $1135.75 b. $1125.55 d. $1145.45

Determine the simple interest on an account paying 5.5% annually interest of an investment of $20,650. a. $1115.65 c. $1135.75 b. $1125.55 d. $1145.45
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Determine the simple interest on an account paying 5.5% annually interest of an investment of $20,650. a. $1115.65 c. $1135.75 b. $1125.55 d. $1145.45

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User DroidOS
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C. $1135.75. 20,650 x 5.5% = 1135.75. Hope this helps!
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User Vikramaditya Gaonkar
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