SOLUTION: Find the amount of interest earned by $8,000 invested at a 5% annual simple interest rate for 1 year.

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Question 902922: Find the amount of interest earned by $8,000 invested at a 5% annual simple interest rate for 1 year.
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
.05($8000) = $400