3 years ago

Compute the amount of interest earned in the following simple interest problem. A deposit of $100 at 8% for 20 years = _____.

2 answers:

8 0

<span>total deposits: 24,000.00
interest earned: 35,294.72

total savings: 59,294.72</span>

3 0

The answer is $160. Hope I helped.

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