Question

About how many years would it take you to earn $1000 simple interest on an investment of $800 at 9% annual interest? A) 8 B) 10 C) 12 D) 14

Answer 1

Step-by-step explanation:

T = 100 I = 100× 1000

pr 800×9

= 13.8 when you round off it will give you 14

i hope the answer is correct.