Question

Jada invests $590 in a money market account her account pays 7.2% simple interest if she does not add or withdraw any money how much interest will jadas account earn after 4 years of simple interest

Answer 1

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Answer 2

$169.92

Explanation:

Multiply Yearly Interest By How Many Years

7.2 * 4 = 28.8

Take 28.8 Percent Of Amount Of Money In The Account

28.8 percent of 590 = 169.92