Ask Question
1 April, 22:32

Jose deposits $8000 into an account that pays simple interest at a rate of 4% per year. How much interest will he be paid in the first six years?

+3
Answers (2)
  1. 1 April, 22:55
    0
    The amount of interest that he will pay is 1,920.
  2. 2 April, 02:08
    0
    The answer is 1920. glad to assist you
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Jose deposits $8000 into an account that pays simple interest at a rate of 4% per year. How much interest will he be paid in the first six ...” 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