Mrs. Baxter deposits 2000 into an account that earns 5% simple interest how much is Mrs. baxters investment worth after 8 years

Respuesta :

I believe your answer is 2954.9

Answer:

2800

Step-by-step explanation:

Interest earned = 2000 × [tex]\frac{5}{100}[/tex] × 8

                          = 800

Total earned = 2000 + 800

                      = 2800