Question

$2,275 is deposited into an account that earns 4% simple interest for 5 years. What is the amount of extra money earned over this period?

Can anyone solve this?

Answer 1

It would be 455 hope this helps!

Answer 2

455

Explanation:

455×10²

P:$2,275

R:4%

T:5

P:$2,275

subtitle:R: 4%into formula

T:5

5×2275×0.04

5×(2275×0.04)

5×91

answer:455