Samantha invests $600 at a rate of 2% per year simple interest. Calculate the interest Samantha earns in 8 years.

asked Mar 8, 2021 135k views

1 vote

Samantha invests $600 at a rate of 2% per year simple interest.

Calculate the interest Samantha earns in 8 years.

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3 votes

Answer:

$96

Explanation:

2% times 8 years equals 16, then multiply 0.16 by $600 and you get $96.

Drew C answered Mar 13, 2021

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