You put $400 in a savings account. The account earns 7% simple interest per year. a. What is the interest earned after 10 years? ____ b. What is the balance after 10 years? ____

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asked Oct 28, 2018 141k views

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You put $400 in a savings account. The account earns 7% simple interest per year.

a. What is the interest earned after 10 years? ____
b. What is the balance after 10 years? ____

Mathematics
middle-school

Aless Hosry asked

by Aless Hosry

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it would be 680
hope this works

Madiyar answered Oct 28, 2018

by Madiyar

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7% of 400 is 28 so 28 x 10 is 280 which is the answer for z
add 400 and 280 together gets 680 and thats the answer for b

Mozahler answered Nov 2, 2018

by Mozahler

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