potteralorah potteralorah

04-05-2022
Mathematics

contestada

If you invest $1600 at 5% for 3 years, how much simple interest is earned? Look at your formula chart for the interest formula!!
FOR 25 POINTS

Respuesta :

georgepahno georgepahno

04-05-2022

Answer:

$240

Step-by-step explanation:

[tex]1600 \times .05 \times 3 = 240[/tex]

Answer Link

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