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A savings account earns 5 percent simple interest per year the principle is 1200. what is the balance after four years. worth 25 points!

A savings account earns 5 percent simple interest per year the principle is 1200. what is the balance after four years. worth 25 points!
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A savings account earns 5 percent simple interest per year the principle is 1200. what is the balance after four years. worth 25 points!

User Yianna
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1 Answer

2 votes

Answer: 60

Step-by-step explanation: 5% x 1200

User Benson
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