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Each year, Paul's aunt gives him a birthday gift of $100 in cash. Paul deposits the money into an account that earns simple interest at a rate of 4%. Paul makes no withdraw…

Each year, Paul's aunt gives him a birthday gift of $100 in cash. Paul deposits the money into an account that earns simple interest at a rate of 4%. Paul makes no withdraw…
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Each year, Paul's aunt gives him a birthday gift of $100 in cash. Paul deposits the money into an account that earns simple interest at a rate of 4%. Paul makes no withdrawals. How much interest has his account earned after 7 years?​

User Mvbaffa
by
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1 Answer

3 votes

Answer:

100 *4% then divided 7 the number you got

Explanation:

User Afpro
by
9.2k points
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