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

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400 * 5 * 0.07 = 140

answer: John will earn $140 of interest in 5 years
User Terminality
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7.6k points
2 votes
I=prt....i=400*0.07*5=?????
User On Freund
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6.9k points
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