Mathematics, 29.09.2020 22:01 aiselsarmientop8o290

1. Bob deposited $12,250 into his bank account. He will earn simple interest at a rate of 8.5% for the next 15 years. How much interest will Bob
make over the next 15 years? *
$14,245.50
O $156,187.50
$15,618.75
$15,718.50
PLEASE HELP NEED I DONT UNDERSTAND

Answers: 1

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1. Bob deposited $12,250 into his bank account. He will earn simple interest at a rate of 8.5% for the next 15 years. How much interest will Bob make over the next 15 years? * $14,245.50 O $156,187.50 $15,618.75 $15,718.50 PLEASE HELP NEED I DONT UNDERSTAND

Answers

Another question on Mathematics

1. Bob deposited $12,250 into his bank account. He will earn simple interest at a rate of 8.5% for the next 15 years. How much interest will Bob
make over the next 15 years? *
$14,245.50
O $156,187.50
$15,618.75
$15,718.50
PLEASE HELP NEED I DONT UNDERSTAND