How much interest is earned on an account if... Principal = $400 Rate = 8% Time = 12 months Answer: $ ---

asked Apr 16, 2022 134k views

1 vote

How much interest is earned on an account if...

Principal = $400
Rate = 8%
Time = 12 months
Answer: $ ---

by Wast

5.3k points

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1 vote

$32 interest 400x0.08=32. so in 12 months in total its 432 :)

SinDizzy answered Apr 17, 2022

5.4k points

5 votes

Principal = $400

Rate = 8%

Time = 12 months

Answer:

$32 Interest but total amount after one year is $432

5.8k points

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