84.4k views
6 votes
Edwards deposited $7000 into savings account two years ago the simple interest rate is 2% how much money did Edward earn in interest

User Narwhal
by
8.4k points

1 Answer

10 votes

Answer:

$7282.8

Explanation:

You multiply 7000*0.02

Add 140 (answer to this^) to 7000

7140*0.02

^add this answer to get 7282.8

User Pacane
by
8.6k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories