flawlesszee flawlesszee

16-01-2020
Mathematics

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How much interest is earned on $8,000 invested at an annual rate of 12% for 1 year?

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ohiekulous ohiekulous

16-01-2020

Answer:

96$

Step-by-step explanation:

P = $8,000

R = 12%

T = 1yr

I = PRT/100

I = (800×12×1)/100

I = 96$

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