potteralorah
potteralorah potteralorah
  • 04-05-2022
  • Mathematics
contestada

If you invest $1600 at 5% for 3 years, how much simple interest is earned? ***Look at your formula chart for the interest formula!!***
FOR 25 POINTS

Respuesta :

georgepahno georgepahno
  • 04-05-2022

Answer:

$240

Step-by-step explanation:

[tex]1600 \times .05 \times 3 = 240[/tex]

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