Answer:
$13.45
Step-by-step explanation:
Divide $107.60 by 8
Jacob must now invest $10,712,72 to have $50,000 for the party.
Answer:
I do not know
Step-by-step explanation:
explain it more
The calculations for 2, 4, 8 year can be derived as follows,
For simple interest:
S.I = 
P= principle
T= Time
R= Rate
For 2 year;
S.I =
= $224
Amount = $2224
For 4 year;
S.I =
= $448
Amount = $2448
For 8 year;
S.I =
= $896
Amount = $2896