Katie has $500 in a savings account that earns 12% annually. How much interest will she earn in 4 years?

asked Oct 18, 2024 46.6k views

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Answer:

below

Explanation:

Interest = prt p = principle = 500 r = rate in decimal = .12 t = years

= 500 ( .12)(4) = 240 dollars

Altonymous answered Oct 22, 2024

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