susharun2007
susharun2007 susharun2007
  • 26-07-2020
  • Mathematics
contestada

I wish to have $10,000 at the end of 8 years in a bank offering a simple interest rate of 7.5% per year. How much should I deposit in the bank? Please ANSWER CORRECTLY! I will give brainliest for CORRECT answer

Respuesta :

mlarsen5000
mlarsen5000 mlarsen5000
  • 26-07-2020

Answer:

$6250

Step-by-step explanation:

6250x.075x8=3750

6250+3750=10,000

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