You put $400 in a savings account. The account earns 7% simple interest per year. A. What is the interest earned after 8 years? ____ b. What is the balance after 8 years?

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asked Jan 24, 2022 7.2k views

3 votes

You put $400 in a savings account. The account earns 7% simple interest per year. A. What is the interest earned after 8 years? ____ b. What is the balance after 8 years?

Mathematics
high-school

Lzap asked

by Lzap

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1 Answer

4 votes

Answer:

4000$

Explanation:

its the correct answer ...because its saving account

Mrinalmech answered Jan 31, 2022

by Mrinalmech

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