Question

Hans invests $750 for 8 years at a rate of 2% per year simple interest.
Calculate the interest Hans receives.​

Answer 1

Answer:

3000

Step-by-step explanation:

Answer 2

Answer:

$120

Step-by-step explanation:

Principle = $750

Time = 8 years

Rate = 2 %

SI = PRT ÷ 100

750 x 8 x 2 ÷ 100

= $120