Ask Question
5 March, 00:29

In the situation, simple interest is calculated yearly.

How much interest was earned?

Principal: $8000; Time: 4 years; Interest rate: 12%; Interest:?

+1
Answers (1)
  1. 5 March, 02:12
    0
    I believe the total interest is 3840.

    (4 times. 12) times 8000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In the situation, simple interest is calculated yearly. How much interest was earned? Principal: $8000; Time: 4 years; Interest rate: 12%; ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers