434,520 views
32 votes
32 votes
How much interest is earned on $2,078.24 at 0.6% for eight years?

$1096.99
$109.96
$199.76
$99.76

User Michal Zaborowski
by
2.8k points

2 Answers

30 votes
30 votes
2078.24 times 0.6% (divide by 100=0.06) so 2078.24 times 0.06 equals interest for 2078.24
User Joey Dumont
by
2.4k points
15 votes
15 votes
I’m sorry but Yk try 0.6% of 2078.24
User Marthyn Olthof
by
3.6k points