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In this situation, simple interest is calculated yearly. How much interest was earned? Drag and drop the answer into the box. Principal: $8000 Time: 4 years Interest rate: 12%
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In this situation, simple interest is calculated yearly.

How much interest was earned?

Drag and drop the answer into the box.

Principal: $8000

Time: 4 years

Interest rate: 12%

User Costas Bakoulias
by
7.7k points

2 Answers

0 votes

Answer:

3,840

Explanation:

User Thomas Sauvajon
by
8.4k points
4 votes
answer: 3,840

8000 * 4 * 12 = 384,000

384,000 / 100 = 3.840
User NovaJoe
by
8.3k points
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