mdrl8112006 mdrl8112006

25-03-2021
Mathematics

contestada

Determine the amount of an
investment if $1000 is invested at an
interest rate of 8% for 6 years

Respuesta :

Kd3oconnor Kd3oconnor

25-03-2021

Answer

480

Step-by-step explanation:

Congrats on your first question!

The investment is 480 because

(80 / 100) x 1000 = 80 x 6 = 480

The total is 1480.

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