document.write( "Question 997799: Find the simple interest on a $200 investment made for 5 years at an interest rate of 8% year. What is the accumulated amount? \n" ); document.write( "
Algebra.Com's Answer #615773 by fractalier(6550)![]() ![]() You can put this solution on YOUR website! Well if it is not compounded each year, then \n" ); document.write( "I = prt = (200)(.08)(5) = $80 \n" ); document.write( "The total would be $1080. \n" ); document.write( " |