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You have $10,000 to deposit in a savings account that earns simple interest at a rate of 4.5% per year. how much interest will be in the account after 2 years?

You have $10,000 to deposit in a savings account that earns simple interest at a rate of 4.5% per year. how much interest will be in the account after 2 years?
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You have $10,000 to deposit in a savings account that earns simple interest at a rate of 4.5% per year. how much interest will be in the account after 2 years?

User Chen Ni
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1 Answer

1 vote
0.045×10,000×2 =900..............
User Peacepassion
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