187k views
17 votes
edward deposited ​$5,500 into a savings account 2 years ago. The simple interest rate is 4​%. How much money did edward earn in​ interest?

User Losttime
by
3.5k points

2 Answers

10 votes

Answer:

$440 in interest

Explanation:

5500*0.08 (because 4% interest * 2 years)

440

User Taum
by
3.6k points
1 vote
Jxjsjdnxncbbdnxbdhdhxhxhhxjdj hello this is my mom phone
User Dmitrii Smirnov
by
3.5k points