How much interest is earned on a principal of $9.02 invested at an interest rate of 8% for three years?

asked Nov 12, 2021 6.1k views

1 vote

How much interest is earned on a principal of $9.02 invested at an interest

rate of 8% for three years?

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2 votes

To find the simple interest, we multiply 9.02 × 0.08 × 3 to get that: $2.16- answer

Expiredninja answered Nov 16, 2021

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