Mathematics, 22.12.2019 09:31 chrischris1

Answer asap! in the situation, simple interest is calculated yearly. how much interest was earned? principal: $5500; time: 8 years; interest rate: 2.5%; interest?
a.$137.50
b.$1,100
c.$5,500
d.$6,600
e.$44,000

Answers: 3

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Answer asap! in the situation, simple interest is calculated yearly. how much interest was earned? principal: $5500; time: 8 years; interest rate: 2.5%; interest? a.$137.50b.$1,100c.$5,500d.$6,600e.$44,000

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Answer asap! in the situation, simple interest is calculated yearly. how much interest was earned? principal: $5500; time: 8 years; interest rate: 2.5%; interest?
a.$137.50
b.$1,100
c.$5,500
d.$6,600
e.$44,000