Sophia puts $450 in an account earning 7% simple interest annually. How many dollars will she wave in her account after 4 years?

asked Aug 4, 2022 191k views

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Sophia puts $450 in an account earning 7% simple interest annually. How many dollars will she

wave in her account after 4 years?

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6 votes

Answer:

Sophia will have $576 in her account after 4 years.

Explanation:

450 × 0.07 = 31.50

31.50 × 4 = 126

450 + 126 = 576

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