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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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21 votes
21 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 Gizella
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1 Answer

9 votes
9 votes

Answer:

220

Step-by-step explanation:

10% of 200 is 20 so 10% plus 200

is 220

User Khany
by
2.9k points
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