Respuesta :
The total interest at the rate of 4.5% interest of the amount of $8000 will be $1800 hence option (C) will be correct.
What is simple interest?
Simple interest is a way to figure out how much interest will be charged on a sum of money at a specific rate and for a specific duration of time.
Simple interest has a constant principal amount, as opposed to compound interest, which multiplies the interest from the principal of previous years to calculate the interest of the subsequent year.
Given that
Principle amount (P) = $8000
Rate of interest (R) = 4.5%
Time period (T) = 5 years.
The interest in the T time period has been given by
Total interest = PRT/100
So,
Total interest = 8000×4.5×5/100 = 1800
So total interest of the given amount will be $1800.
For more about simple interests,
https://brainly.com/question/25845758
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