Which association best describes the data in the table?
1 answer:
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Answer:
work is shown and attached
The amount on interest he earned is $5116.8
Step-by-step explanation:
Given,
Principal(P) = $16400
Rate of interest(R) = 3.9%
Time(T) = 8 years
To find the interest
Formula
Simple interest =
Hence,
The interest =$
= $5116.80