Question: Practice Another X Find the accumulated amount at the end of 8 months on a $2100 bank deposit paying simple interest at a rate of

Practice Another X Find the accumulated amount at the end of 8 months on a $2100 bank deposit paying simple interest at a rate of 8%/year. ( answer to the nearest cent.) $2 2212.00
 Practice Another X Find the accumulated amount at the end of

Find the accumulated amount at the end of 8 months on a $2100 bank deposit paying simple interest at a rate of 8%/year. answer to the nearest cent.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!