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

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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1 Answer

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 T…

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