Question

Khalid invested $9500 in a savings account with a yearly interest rate of 3% for 8 years. How much simple interest did he earn?

A. $228
B. $2280
C. $2850
D. $285

@ganeshie8 @Loveiskey18

Answer 1

what is 8 percent of 9,500

Answer 2

Do you know how to find that?

Answer 3

yes hold on

Answer 4

760

Answer 5

ok now how many years???
8
so multiply by 8

Answer 6

6080

Answer 7

there you go

Answer 8

that answer isnt there

Answer 9

My apologies, I was putting my cousin to sleep :)

Answer 10

9,500(.03)(8)
= A. 2280

Answer 11

aweee and its ok

Answer 12

Love is actually right!
I told you 8 percent but your problem said 3 percent

Answer 13

:D