Item 8 an account earns simple interest. $700 at 8% for 6 years a. find the interest earned. $ b. find the balance of the account. $

56.00 for a year is the interest

336.00 is for the 6 years if it is 8% for every year.  

1036.00 will be the balance of the account if the interest is 8% per year.  

Step-by-step explanation:

multiply 700.00 x 8% = 56.00 a year

multiply 56.00 x 6 = 336.00

then you add 336.00 + 1036.00 = $1036.00

total = principal × ( 1 + rate ) ^ years

total = 600 * (1.04)^5

total = 729.99

answer is c

step-by-step explanation:

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