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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? ____
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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? ____

User Aless Hosry
by
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2 Answers

1 vote
it would be 680
hope this works
User Madiyar
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5.9k points
3 votes
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
User Mozahler
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