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Edwerd deposited ​$10,000 into a savings account 4 years ago. The simple interest rate is 2​%. How much money did edwerd earn in​ interest? Substitute the values into the equation. Interest=​$ _x_x_years
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Edwerd deposited ​$10,000 into a savings account 4 years ago. The simple interest rate is 2​%. How much money did edwerd earn in​ interest? Substitute the values into the equation. Interest=​$ _x_x_years

User Daniel Howard
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Answer:

Interest = $10000 x 0.02 x 4 = $800

User Zahidul Islam Ruhel
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