Find the simple interest on a $200 investment made for 5 years at an interest rate of 8%/year. What is the accumulated amount?

a. The simple interest is $80,
the accumulated amount is $280.
b. The simple interest is $105,
the accumulated amount is $255.
c. The simple interest is $100,
the accumulated amount is $300.
d. The simple interest is $95,
the accumulated amount is $265.


a. The simple interest is $80,
the accumulated amount is $280.

Mathematics

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