cyrensong cyrensong

18-11-2016
Mathematics

contestada

Compute the amount of interest earned in the following simple interest problem. A deposit of $800 at 3.5% for 7 years = _____.

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ekenn9963 ekenn9963

18-11-2016

800*.035 = 28 This is interest per year.
28 * 7 = $196 Total interest earned for seven years
Total money in account is $996

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phyrenee phyrenee

06-09-2020

Answer:

$196.00

Step-by-step explanation:

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