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If Marie makes an investment of $8,000 that earns 2% simple interest annually how much is the total investment what after 3.5 years ?
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5 votes
If Marie makes an investment of $8,000 that earns 2% simple interest annually how much is the total investment what after 3.5 years ?

User Alsotang
by
5.5k points

1 Answer

2 votes

Answer:

$560

Explanation:

2% of 8000 = 160,

160 * 3.5 = 560

User Pixelou
by
5.8k points
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