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An 800 deposit for 2 years months earned 200$ in interest

An 800 deposit for 2 years months earned 200$ in interest
asked 12.7k views
5 votes
An 800 deposit for 2 years months earned 200$ in interest

asked
User AvinashK
by
8.2k points

1 Answer

5 votes
I=prt
200=800*2*x
200=1600x
200/1600
0.125
move decimal place
12.5% is your answer
answered
User Kim Schroeder
by
8.3k points
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