Alona123
Alona123 Alona123
  • 10-01-2020
  • Mathematics
contestada

How much interest does a $775 investment earn at 7% over eight years

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Jordanndhlovu655 Jordanndhlovu655
  • 10-01-2020

Answer:$435

Step-by-step explanation:

-Put 7% over 100 to create a fraction form

- Put $775 under the fraction next to the fraction of 7% and 100

- Multiply 775 by 7 which will give you 5,425 divide 5425 by 100 which will give you the amount of $54.25

-Multiply $54.25 by eight to represent the years

-You'll recieve $434.00

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