Question

Calcula el interés simple de un capital de $24,000 invertido durante 5 años al 8% anual

Answer 1

End Balance: $33,600.00

Total Interest: $9,600.00

Step-by-step explanation:

Calculation steps:

Total Interest = $24000 × 8% × 5

= $9,600.00

End Balance = $24000 + $9,600.00

= $33,600.00