Ask Question
16 July, 15:40

LI

1. Mrs. Baxter deposits

$2,000 in an account that

earns 5% simple interest.

How much is Mrs. Baxter's

investment worth after 8

years? simple or compound

+2
Answers (1)
  1. 16 July, 19:21
    0
    simple i think?

    Explanation:

    im not sure but i think its simple interest because it says she earns 5% simple interest. just a guess though.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “LI 1. Mrs. Baxter deposits $2,000 in an account that earns 5% simple interest. How much is Mrs. Baxter's investment worth after 8 years? ...” in 📙 English if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers