Register

How much interest is earned in 8 months if $6000 is invested at an 5% annual interest rate? $240 $2,000 $200 $2,400

How much interest is earned in 8 months if $6000 is invested at an 5% annual interest rate? $240 $2,000 $200 $2,400
asked 56.8k views
2 votes
How much interest is earned in 8 months if $6000 is invested at an 5% annual interest rate?

$240
$2,000
$200
$2,400

asked
User Pizzafilms
by
8.3k points

2 Answers

4 votes

Answer:

2,400

Explanation:

I = P x R x T

I = 6,000 x (5%) (8 months)

answered
User Nivek
by
8.1k points
6 votes

Answer:

its 2,400

Explanation:

answered
User Yaxita Shah
by
7.5k 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

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!