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Peter is calculating the interest earned on a deposit of $275 in an account that earns 8% simple interest for 12 years. How much interest will he earn? $2.915 $264 5539 52.640 The correct answer is $264
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Peter is calculating the interest earned on a deposit of $275 in an account

that earns 8% simple interest for 12 years. How much interest will he
earn?
$2.915
$264
5539
52.640

The correct answer is $264 !

Get ya some points igs and ur welcome fam

User Minorblend
by
7.1k points

1 Answer

1 vote
I can’t remember how economics works so I’m going to guess the answer is B? Hope that works lol
User Ken Liu
by
8.0k points
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