vicinimlv19
16.04.2021 •
Mathematics
You deposit $300 dollars in a savings account the account earns 10% simple interest per year whats the interest after 8 years
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Ответ:
$240
Step-by-step explanation:
Given data
Principal= $300
Rate= 10%
Time= 8 years
We know that the expression for the simple interest is given as
SI= PRT/100
Substitute
SI= 300*10*8/100
SI= 24000/100
SI= $240
Hence the interest is $240
Ответ:
The correct answer is the third option. I just got it correct.