Answer:
Charlie invests $325 in an account that pays 8% simple interest for 15 years.
Use the simple interest formula, I = P ∙ r ∙ t, to answer the following questions.
How much interest will Charlie’s initial investment earn over the 15-year period?
✔ $390
How much money does Charlie have after the 15 years?
✔ $715
Step-by-step explanation:
