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You want to put some money in a simple interest account. It pays 8% interest annually for 2 years. You would like to earn $500 in interest. How much money do you need to put in? $80 $8,000 $3,125 $12,500
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You want to put some money in a simple interest account. It pays 8% interest annually for 2 years. You would like to earn $500 in interest. How much money do you need to put in?

$80

$8,000

$3,125

$12,500

User Dema
by
7.1k points

2 Answers

5 votes
I think the anser is really b im not sure but please thank me
User Abhigyan Gaurav
by
6.5k points
4 votes

Answer:

its 3,125

Explanation:


User Seyet
by
7.7k points
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