228k views
2 votes
210$ invested at 8% for 7 years

User Salvin
by
5.9k points

2 Answers

4 votes
317.6 dollars in total for simple interest
User Oscar Jovanny
by
5.7k points
5 votes
Use simple interest to find the ending balance.
SI = PRT
=210x8/100x7 = 117.6+210=327.6
User FOP
by
6.2k points