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Hannah earned $1536 in 8 years on an investment at a 4% annual simple interest rate. How much was hannahs investment?

Hannah earned $1536 in 8 years on an investment at a 4% annual simple interest rate. How much was hannahs investment?
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4 votes
Hannah earned $1536 in 8 years on an investment at a 4% annual simple interest rate. How much was hannahs investment?

User AppsWise
by
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1 Answer

4 votes

Answer:

In 8 years, you will have $2,102.12

Explanation:

see attachment

Hannah earned $1536 in 8 years on an investment at a 4% annual simple interest rate-example-1
User DamonJW
by
8.1k points
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