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How much simple interest would you earn for 5 years at 7% with a beginning principal of $8,000.00 A. $2,800 B. $3,200 C. $3,300 D. $3,500 I couldn't figure it out and I need…

How much simple interest would you earn for 5 years at 7% with a beginning principal of $8,000.00 A. $2,800 B. $3,200 C. $3,300 D. $3,500 I couldn't figure it out and I need…
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How much simple interest would you earn for 5 years at 7% with a beginning principal of $8,000.00

A. $2,800 B. $3,200 C. $3,300 D. $3,500 I couldn't figure it out and I need some help asap.

User Vladsiv
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1 Answer

2 votes
The answer is A. $2,800
User Jvanrhyn
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8.7k points
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