Question

tyreek invested $8,000 into an account that pays 12% simple interest annually. what will the balance of his account be after ten years?

Answer 1

I belive it would be $17,600

Explanation:

The way I did it might be confusing but.

12% of 8,000 is 960

960 * 10 is 9,600

9,600 + 8,000 = 17,600