Liu deposited $3,500 into a savings account 2 years ago. The simple interest rate is 4%. How much money did Liu earn in interest? What would the account earn in 10 years?

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asked Feb 18, 2020 63.0k views

3 votes

Liu deposited $3,500 into a savings account 2 years ago. The simple interest rate is 4%. How much money did Liu earn in interest? What would the account earn in 10 years?

Mathematics
middle-school

Serban Teodorescu asked

by Serban Teodorescu

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2 Answers

4 votes

Answer: earned $

140 in interest.

The account would earn $

1400 in 10 years.

Explanation:

ZAhmed answered Feb 18, 2020

by ZAhmed

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3 votes

Answer:

she earned 140$ per year

after 10 years she would have earned 1400$

Explanation:

Nati Kamusher answered Feb 23, 2020

by Nati Kamusher

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