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Find the amount of interest for a 18-year investment of $4300 at a simple annual rate of 4.07% PLEASE ANSWE QUICK

Find the amount of interest for a 18-year investment of $4300 at a simple annual rate of 4.07% PLEASE ANSWE QUICK
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Find the amount of interest for a 18-year investment of $4300 at a simple annual rate

of 4.07%
PLEASE ANSWE QUICK

User Colin Marshall
by
6.7k points

1 Answer

3 votes
1 year will earn 4300 x 4.07% = $175.01
18 years will earn 175.01 x 18 = $3150.18
User Gatorreina
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8.4k points
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