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Catherine invested $140 she earned a simple interest at 4% per year on the investment if no money was added or removed from the investment what was the amount of interest cast and receive the end of two
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Catherine invested $140 she earned a simple interest at 4% per year on the investment if no money was added or removed from the investment what was the amount of interest cast and receive the end of two years

User Bday
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1 Answer

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Here's the equation:
0.04(140)
But because it is 2 years:
2(0.04(140)
0.08(140)
Catherine makes $11.20
User Junchao Gu
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5.5k points
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