Question

I need help ASAP Don invests $12,000 into an account that pays 8.25% simple interest. How much interest does his account earn after 4 years?​

Answer 1

Multiply: $12,000.00 x .825 x 4 years = $396.00 interest rate for 4 years. -by-step explanation:

Answer 2

12.25%.

explanation :

I add 8.25% and 4 since you are trying to find the interest of his account earn after 4 years. 8.25 + 4= 12.25. Yea so that is how I get my answer.