In this situation, simple interest is calculated yearly.

How much interest was earned?

Drag and drop the answer into the box.

Principal: $8000

Time: 4 years

Interest rate: 12%

Respuesta :

answer: 3,840

8000 * 4 * 12 = 384,000

384,000 / 100 = 3.840

Answer:

3,840

Step-by-step explanation: