How much interest is earned on an account if… Principal = $400 Rate = 8% Time = 1 year

Alexsandro Souza asked Sep 25, 2022

402,415 views

29 votes

How much interest is earned on an account if…

Principal = $400

Rate = 8%

Time = 1 year

Alexsandro Souza asked Sep 25, 2022

2.1k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

20 votes

Answer:

$432

Explanation:

400 x 1.08 = $432

Hope this helps!!

Snowbound answered Oct 2, 2022

2.6k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers