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A certain kind of investment requires that you pay a 10% penalty on any money you remove from the investment in the first 7 years. If you take $228 out of the investment, estimate how much of a penalty
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A certain kind of investment requires that you pay a 10% penalty on any money you remove from the investment in the first 7 years. If you take $228 out of the investment, estimate how much of a penalty you will have to pay.

A certain kind of investment requires that you pay a 10% penalty on any money you-example-1
User Hasianjana
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1 Answer

5 votes

Answer:

$22.80

Explanation:

228 times 10% = 22.8 or $22.80

User Serabe
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8.9k points
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