Ask Question
14 July, 06:04

How much interest is earned on $8,000 invested at an annual rate of 12% for 1 year?

+4
Answers (1)
  1. 14 July, 07:41
    0
    96$

    Step-by-step explanation:

    P = $8,000

    R = 12%

    T = 1yr

    I = PRT/100

    I = (800*12*1) / 100

    I = 96$
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How much interest is earned on $8,000 invested at an annual rate of 12% for 1 year? ...” in 📙 Mathematics 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