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Angie has $400 in a savings account. The interest rate is 14% per year and is not compounded. How much will she have in total in 3years?

Angie has $400 in a savings account. The interest rate is 14% per year and is not compounded. How much will she have in total in 3years?
171k views
9 votes
Angie has $400 in a savings account. The interest rate is 14% per year and is not compounded. How much will she have in total in 3years?

User Chama
by
8.2k points

1 Answer

9 votes

Answer:

$168

Explanation:

use the I = Prt simple interest formula

Angie has $400 in a savings account. The interest rate is 14% per year and is not-example-1
User Phong Vo
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