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pam invested $4200 in a savings account with a yearly interest rate of 4% for 7 years. How much simple interest did she earn
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Mar 10, 2017
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pam invested $4200 in a savings account with a yearly interest rate of 4% for 7 years. How much simple interest did she earn
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Francois Marot
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Answer:
The answer is 1176
Step-by-step explanation:
Rafael Pizao
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Mar 12, 2017
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4% = 0.04 <----- multiplier.
$4200 * 0.04 = $168
7 years = $168 * 7
= $1176
Total Earnings = $4200 +$1176
= $5376
Lidsinker
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Mar 14, 2017
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