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How much interest is earned on $210 at 8% for 2 years? $3.60 $360 $410 $33.60
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1 vote
How much interest is earned on $210 at 8% for 2 years?

$3.60
$360
$410
$33.60

User Groundhog
by
9.1k points

2 Answers

4 votes

Answer:

$33.60

Explanation:

Yearly interest is $16.80

User Ramin Omrani
by
7.4k points
3 votes
You would earn $33.60 of interest



Explanation: To find the interest you would multiply 210 by .08 (the percent in its decimal form) by 2 to get 33.60
User Suniel
by
8.4k points
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