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marusya05 [52]
3 years ago
10

How much simple interest does a $10,000 investment earn at 5.6% over 18 years?

Business
1 answer:
Vlad1618 [11]3 years ago
8 0

Answer:

How much simple interest does a $10,000 investment earn at 5.6% over 18 years? $10.080

Explanation  

Investment $ 10.000,00    Simple Interest         $ 10.080,00

Interest            5,60%    investement + interest $ 20.080,00

   

Invesment*interest*period    

10000*5,6%*18

=10080

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