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What is the total amount of simple interest that is earned Time = 8 years Interest rate = 14% Principal = $1,010

What is the total amount of simple interest that is earned Time = 8 years Interest rate = 14% Principal = $1,010
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3 votes
What is the total amount of simple interest that is earned Time = 8 years Interest rate = 14% Principal = $1,010

User Stian Storrvik
by
8.2k points

2 Answers

6 votes

Answer:

11311.00

Explanation:

User Aaron Meese
by
7.6k points
5 votes

Answer:

$1131.20

Explanation:

I = Prt

= 1010 x 8 x 14%

= 1131.2

$1131.20

User Bleakley
by
9.0k points
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