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An account earns simple interest. Find the interest earned. $480 at 1.5% for 5 years The interest earned is $

An account earns simple interest. Find the interest earned. $480 at 1.5% for 5 years The interest earned is $
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4 votes
An account earns simple interest. Find the interest earned.

$480 at 1.5% for 5 years
The interest earned is $

User Dom Vinyard
by
8.2k points

1 Answer

3 votes

Answer:

$36

Explanation:

I = prt

I = 480(.015)(5)

I = 36

User Joedborg
by
7.7k points
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