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Sladkaya [172]
3 years ago
8

A 1,200 bond earns 8% simple annual interest. what is the amount of interest earned after 5 years

Mathematics
2 answers:
zavuch27 [327]3 years ago
3 0

Answer:

The interest after 5 years will be 40%.

Step-by-step explanation:

Muiltply 8% into 5 years making it 40% after those 5 years.

Ipatiy [6.2K]3 years ago
3 0
40%
You multiply 8 * 5
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