488,312 views
40 votes
40 votes
What is the simple interest on $4,000 for 2 and a half years at 4 percent a year?

User Janisa
by
2.5k points

1 Answer

12 votes
12 votes

Answer:

Explanation:

You can't receive money if you withdraw in the midst of a year.

So 4000 * 1/25 * 2 = $4320

User NdamuleloNemakh
by
2.9k points