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

User Karol Kolenda
by
3.6k points

2 Answers

4 votes
352.6 is the answer to this wusdt
User Adrian Nowicki
by
4.8k points
4 votes

Answer:

$ 352.6

Explanation:

SI = P (1 + rt)

= 215 [ 1 + (0.08) x 8]

= 215 (1 + 0.64)

= 215 (1.64)

= $ 352.6

User Tobias Brandt
by
4.2k points
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