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$300 at 0.7% interest for 8 years What is the interest? What is the new balance?
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4 votes
$300 at 0.7% interest for 8 years
What is the interest?

What is the new balance?

User Geir Bostad
by
7.2k points

2 Answers

9 votes
Interest would be $17.21 :)
User Adam Link
by
7.2k points
13 votes
At the end of 8 years, your savings will have grown to $317.
You will have earned in $17.21 in interest.
i hope this helped!
User Chweng Mega
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6.9k points
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