Mrs. Soto invested in a certificate of deposit that pays 8% interest. Her investment was $325. How much interest will she receive in 1 year

Question

Mrs. Soto invested in a certificate of deposit that pays 8% interest. Her investment was $325. How much interest will she receive in 1 year

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Lệ Thu 2 months 2021-07-29T22:34:52+00:00 2 Answers 1 views 0

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    0
    2021-07-29T22:36:11+00:00

    Answer: SHE receive in 1 year is 325.08

    Step-by-step explanation: it is basically adding so u add 8%+325 =325.08

    0
    2021-07-29T22:36:32+00:00

    Answer:

    Answer 1.

    If the interest is yearly she will have 351$ / she made 26 dollars in interest.

    Step-by-step explanation:

    Answer 1.

    We multiply 325 times .08 which is equal to 8%, that gives us 26 and from there we add 325 which equals 351$ (if you want to make is simpler multiply by 1.08 eliminating the need to add the original sum again).

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