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100 points please help.
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100 points please help.

100 points please help.-example-1
User Ntokozo Zwane
by
5.8k points

2 Answers

4 votes

Answer:

$450.40

Explanation:

well 5630 times .04 = 225.2 times it by 2 = 450.40

User Inquisitive
by
6.1k points
3 votes

Answer:

The interest earned is $450.40

Explanation:

We are given the formula

I =PRT

where I is the interest, p is the principal, r is the rate and t is the time

p = 5630,

r = 4 % which we convert to a decimal = .04

t = 2 years

Substitute these into the equation

I = 5630 * .04 * 2

450.40

The interest earned is $450.40

User Karl Ivar Dahl
by
6.3k points
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