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Ymorist [56]
3 years ago
8

Use simple interest to find the ending balance. $215 at 8% for 8 years

Mathematics
2 answers:
Georgia [21]3 years ago
7 0
352.6 is the answer to this wusdt
ira [324]3 years ago
3 0

Answer:

$ 352.6

Step-by-step explanation:

SI = P (1 + rt)

= 215 [ 1 + (0.08) x 8]

= 215 (1 + 0.64)

= 215 (1.64)

= $ 352.6

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