Register

You deposit $500 in a savings account account earns 2% interest per year what is the interest after eight years

You deposit $500 in a savings account account earns 2% interest per year what is the interest after eight years
asked 93.7k views
4 votes
you deposit $500 in a savings account account earns 2% interest per year what is the interest after eight years

asked
User Wafflecat
by
8.1k points

1 Answer

2 votes

Answer:simple interest =$80

Explanation:

Simple interest =prt/100

I=$500×2×8/100

I=$80

answered
User Omar Abdelhafith
by
7.9k 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
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!