Answer:
solution given:
principal [P]=$850
time[T]=8years
rate[R]=8%
now
simple interest [S.I.]= =$
=$544
so
Total balance=S.I.+P=$544+$850=$1394.
<u>option b.$1,394.00 is your answer</u>
Choose
1 answer:
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Answer:
solution given:
principal [P]=$850
time[T]=8years
rate[R]=8%
now
simple interest [S.I.]= =$
=$544
so
Total balance=S.I.+P=$544+$850=$1394.
<u>option b.$1,394.00 is your answer</u>