In the situation, simple interest is calculated yearly. How much interest was earned? Drag and drop the answer into the box. Pri

Question

3 years ago

13

ncipal: $5500; Time: 8 years; Interest rate: 2.5%; Interest: ?

2 answers:

steposvetlana [31] · Answer 1 · 2021-12-23T03:11:16+03:00

7 0

Answer:

i just took the test 100% sure the answer is 1,100

Step-by-step explanation:

Mrac [35] · Answer 2 · 2021-12-23T02:03:36+03:00

Mrac [35]3 years ago

3 0

5500*.025=137.50*8=1100
Take the principle times the intrest rate times 8. 1100 for 8 years or 137.50 for 1 year