Respuesta :

DragonzPMC
You would invest $200.

500 x .08% = 40

40 x 5 = 200

The amount I invested if I receive 500 dollars in interest after 5 years with an interest rate of 8% is $1250.

How much was invested?

Simple interest is when only the amount that was invested increases in value with the passage of time.

Amount invested = interest / (simple interest x time )

500 / (0.08 x 5) = $1250

To learn more about simple interest, please check: https://brainly.com/question/27328409

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