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madreJ [45]
3 years ago
10

Mr. Gomez has $6,000.00 to invest. If he puts his money in a bank where he will earn 8% simple interest, how much money will Mr.

Gomez have after 2 years? Use the formula
I = prt
where I is the interest earned, p is the principle, r is the rate of interest, and t is the amount of time.
Mathematics
1 answer:
alekssr [168]3 years ago
8 0

Answer:

$6,998.40

Step-by-step explanation:

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