pam invested $4200 in a savings account with a yearly interest rate of 4% for 7 years. How much simple interest did she earn

asked Mar 10, 2017 149k views

3 votes

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2 votes

Answer:

The answer is 1176

Step-by-step explanation:

Rafael Pizao answered Mar 12, 2017

7.3k points

3 votes

4% = 0.04 <----- multiplier.

$4200 * 0.04 = $168

7 years = $168 * 7
= $1176

Total Earnings = $4200 +$1176
= $5376

Lidsinker answered Mar 14, 2017

6.6k points

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