QUESTION 14 Calculate the amount of interest you'Il have at the end of the indicated period. You invest $8000 in an account that pays simple interest of 2% for 4 years. $160.00 $640.00 $1010,45 $1180.99 00

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section4.2: The Natural Exponential Function
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QUESTION 14
Calculate the amount of interest you'll have at the end of the indicated period.
You invest $8000 in an account that pays simple interest of 2% for 4 ye ars.
$160.00
$640.00
$1010,45
$1180.99
Transcribed Image Text:QUESTION 14 Calculate the amount of interest you'll have at the end of the indicated period. You invest $8000 in an account that pays simple interest of 2% for 4 ye ars. $160.00 $640.00 $1010,45 $1180.99
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