mchuchuca0415 mchuchuca0415

12-05-2021
Mathematics

contestada

tylers mom purchased a saving bond for tyler. she put $5,000 in it for 8 years and earned 4% interest. How much interest did it earn

Respuesta :

MissAmelia77 MissAmelia77

12-05-2021

Answer:

$1600

Step-by-step explanation:

S.I. = (P×R×T)/100

= 5000×4×8/100

= $1600

Hence, interest = $1600

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