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Determine the principle that will earn $200 as simple interest after 8 years at 5% per annum.

Determine the principle that will earn $200 as simple interest after 8 years at 5% per annum.
asked 86.8k views
4 votes
Determine the principle that will earn $200 as simple interest after 8 years at 5% per annum.

asked
User Lucas Roberts
by
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1 Answer

2 votes

Answer:25

Step-by-step explanation: 200/8=25x5=125

answered
User Covati
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