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How much interest will Hannah earn in 4 years if she deposit is $630 in a savings account at 6.5% simple interest

How much interest will Hannah earn in 4 years if she deposit is $630 in a savings account at 6.5% simple interest
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1 vote
How much interest will Hannah earn in 4 years if she deposit is $630 in a savings account at 6.5% simple interest

User PeyloW
by
8.1k points

1 Answer

5 votes

Answer:

$163.80

Explanation:

I = prt

I = $630 × 0.065 × 4

I = $163.80

User Tomas Grosup
by
8.0k points
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