randibands randibands
  • 04-01-2021
  • Mathematics
contestada

you invested $800 for 2 years at an interest rate of  4.5%. What was the interest earned on your investment? 

Respuesta :

architasaha2015 architasaha2015
  • 05-01-2021

Answer:

$72

Step-by-step explanation:

Interest = Principal(Rate)(Time)/100

Interest = $800(2)(4.5)/100

Interest = 7200/100

Interest = $72 (Answer)

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