estivenramirez911 estivenramirez911

12-05-2022
Mathematics

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6. Abbi invested $1,000 in a certificate of deposit with a simple interest rate of 4%. Find the interest earned in 8 years. Then find the total of principal plus interest.

Respuesta :

masonlam296 masonlam296

12-05-2022

Answer:

$1320

Step-by-step explanation:

4%=0.04

Intrest = 0.04x8

Intrest = 0.32

Intrest = 1000x0.32

Intrest = 320

Then add 1000+320=1320

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