Use simple interest to find the ending balance. $215 at 8% for 8 years

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Dmastylo asked Jan 10, 2022

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Use simple interest to find the ending balance. $215 at 8% for 8 years

Mathematics
high-school

Dmastylo asked Jan 10, 2022

by Dmastylo

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19 votes

352.6 is the answer to this wusdt

Guruprakash Gupta answered Jan 11, 2022

by Guruprakash Gupta

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12 votes

Answer:

$ 352.6

Explanation:

SI = P (1 + rt)

= 215 [ 1 + (0.08) x 8]

= 215 (1 + 0.64)

= 215 (1.64)

= $ 352.6

Joao Pincho answered Jan 14, 2022

by Joao Pincho

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