Matthew invests $5,000 at 4% simple interest. About how much interest will he earn in eight months?

asked Nov 24, 2022 38.7k views

2 votes

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4 votes

Answer:

P times R times T

5000 times 4 times 8,

divided by hundred.

Therefore the answer is = 160 dollars

HpTerm answered Nov 29, 2022

3.9k points

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