Register

John invested $400 in a savings account. How much interest will he earn in 5 years if the imterest rate is 7%?

John invested $400 in a savings account. How much interest will he earn in 5 years if the imterest rate is 7%?
123k views
5 votes
John invested $400 in a savings account. How much interest will he earn in 5 years if the imterest rate is 7%?

User Rohit Kharche
by
7.9k points

2 Answers

0 votes
400 * 5 * 0.07 = 140

answer: John will earn $140 of interest in 5 years
User Terminality
by
8.9k points
2 votes
I=prt....i=400*0.07*5=?????
User On Freund
by
8.1k points
← Prev Question Next Question →

Related questions

User Toure
asked May 25, 2023 131k views
Find the simple imterest Principal-9000 Rate-7% Time 4 1/2 years
Toure asked May 25, 2023
by Toure
7.8k points
1 answer
5 votes
131k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!