autumnjdangelo autumnjdangelo

11-05-2021
Mathematics

contestada

A 1,200 bond earns 8% simple annual interest. what is the amount of interest earned after 5 years

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rodriguezitalia569 rodriguezitalia569

11-05-2021

Answer:

The interest after 5 years will be 40%.

Step-by-step explanation:

Muiltply 8% into 5 years making it 40% after those 5 years.

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ballanbarrienros ballanbarrienros

11-05-2021

40%
You multiply 8 * 5

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