jellybean6487
27.01.2021 •
Mathematics
If a math problem asks for the answer as a %, doesn't the answer need two digits? example: 7/10 = 70%
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Ответ:
Option B - $491.52
Step-by-step explanation:
Given: Hannah earned $1536 in 8 years on an investment at a 4% annual simple interest rate.
To find : How much was Hannah’s investment
Solution : Investment = Principal × rate × time
Principal = $1536
Rate = 4% = 0.04
Time = 8 years
Investment = Principal × rate × time
Investment = 1536 × 0.04 × 8
Investment = 491.52
Therefore, Option B is correct - $491.52