Ask Question
9 September, 02:23

Heather plans to invest $5,000 for 8 years. Capitol Bank offers an 8 year CD at an annual rate of 5% using simple interest. How much is his invest worth at the end of the 8 years?

+1
Answers (1)
  1. 9 September, 03:25
    0
    16000

    Step-by-step explanation:

    .05*8=.40

    5,000*8=40000

    40000*.40 = 16000
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Heather plans to invest $5,000 for 8 years. Capitol Bank offers an 8 year CD at an annual rate of 5% using simple interest. How much is his ...” 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