Question

Kil deposited $3,200 into an account earning 8 percent interest for 18 months how much interest will she earn over that period?

Answer 1

Answer:

$256

Step-by-step explanation:

Given:

P=$3,200  ; r=8% for 18 months

Interest earned = 3200 × $\frac{8}{100}$

=====>$256

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