Register

$800 invested at 5.25% simple interest for 4 yrs.

$800 invested at 5.25% simple interest for 4 yrs.
asked 187k views
5 votes
$800 invested at 5.25% simple interest for 4 yrs.

asked
User Brampage
by
9.0k points

2 Answers

2 votes

Answer:

$968

Explanation:

800 × 0.0525 × 4 = 168 (interest)

168 + 800 = 968 (total)

answered
User AMouat
by
8.5k points
4 votes

Answer:

14 dollars.

Explanation:

With annual interest rate, 5.25 interest rate is $14.00

answered
User JuZDePeche
by
8.3k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!