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Sam has an investment of $200 that is expected to earn 10%. How much will the investment be worth at the end of the first year if the investment earns simple interest
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16 votes
Sam has an investment of $200 that is expected to earn 10%. How much will the investment be worth at the end of the first year if the investment earns simple interest

User Wave
by
4.7k points

1 Answer

9 votes

Answer:

220

Step-by-step explanation:

10% of 200 is 20 so 10% plus 200

is 220

User Bikineev
by
5.2k points
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