Respuesta :
The interest is $453.60.
The total amount includes principal + interest. The principal was 630 and the total amount was 1083.60.
1083.60 - 630 = 453.60.
The total amount includes principal + interest. The principal was 630 and the total amount was 1083.60.
1083.60 - 630 = 453.60.
The interest that is earned on the investment after 8 years is $453.60.
What is the interest?
Interest is the total amount earned in excess of the amount invested. It can be determined by subtracting the future value of the investment from the amount invested.
Interest = future value - amount invested
1083.60 - 630 = $453.60
To learn more about interest, please check: https://brainly.com/question/26164549
#SPJ2
