Question

If you invest $1,759.76 at 8% simple interest, how much will your investment be worth in 14months?​

Answer 1

Answer:

P=1759.76

R=8%

T=14months

=12months+2months

=12months+2/12months

=7/6 years

I=PTR/100

=1759.76*8*7/6.100

=164

total 1759.76+164

=1923.76

Answer 2

Answer:

amount= 1759.76×8×14/100

=1970.93

totalprofit =1970.93-1759.76

=211.1712