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24. Find the simple interest earned given $25,600 at a 4.7% interest rate for 8 years.

24. Find the simple interest earned given $25,600 at a 4.7% interest rate for 8 years.
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1 vote
24. Find the simple interest earned given $25,600
at a 4.7% interest rate for 8
years.

User Artemix
by
7.3k points

1 Answer

1 vote
25600 x 0.047 x 8


Simple interest = $9,548.80
User Shou
by
7.7k points
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