Find the simple interest: Principat $800 Interest Rate 5% Time 20 years

asked Sep 21, 2023 220k views

4 votes

Find the
simple interest:
Principat $800
Interest Rate 5%
Time 20 years

4.5k points

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4 votes

Answer:

simple interest = 800

balance = 1600

Explanation:

0.05 x 800 = 40

40 x 20= 800

Didito answered Sep 25, 2023

4.7k points

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