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Jammy invests $4,000 at a rate of 8% (simple interest). What is the amount of interest at the end of the first year? a. $320 b. $4320 c. $5000 d. $3200

Jammy invests $4,000 at a rate of 8% (simple interest). What is the amount of interest at the end of the first year? a. $320 b. $4320 c. $5000 d. $3200
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Jammy invests $4,000 at a rate of 8% (simple interest). What is the amount of interest at the end of

the first year?


a. $320
b. $4320
c. $5000
d. $3200

User Michael Carman
by
8.6k points

1 Answer

1 vote
Sorry if I’m wrong, I’m in middle school but I’m pretty sure 320$
User Hilo
by
8.0k points
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