How much interest is earned on $124 at 4% for one year

Question

asked Feb 10, 2022 76.3k views

1 Answer

Tog · Answer 1 · 2022-02-15T14:16:04+0000

Answer:

Explanation:

Simple interest would be $128.96 and the interest earned would be $4.96, thought I should put both just in case. :)