Omar puts $8,000 in a savings account. The account earns 6% simple interest each year. How much interest will Omar earn in 4 years?

asked Apr 28, 2022 227k views

2 votes

by Mushy

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3 votes

Answer:

$1920

Explanation:

Simple interest = principal x time x interest rate

8000 x 0.06 x 4 = $1920

Rcpinto answered May 4, 2022

2.9k points

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