174,936 views
15 votes
15 votes
How much interest is earned on $124 at 4% for one year

User ShinTakezou
by
2.9k points

1 Answer

21 votes
21 votes

Answer:

Explanation:

Simple interest would be $128.96 and the interest earned would be $4.96, thought I should put both just in case. :)

User Roselle
by
2.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.