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Find the simple interest: Principat $800 Interest Rate 5% Time 20 years

Find the simple interest: Principat $800 Interest Rate 5% Time 20 years
asked 220k views
4 votes
Find the
simple interest:
Principat $800
Interest Rate 5%
Time 20 years

asked
User Mseery
by
8.5k points

1 Answer

4 votes

Answer:

simple interest = 800

balance = 1600

Explanation:

0.05 x 800 = 40

40 x 20= 800

answered
User Didito
by
8.8k points
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