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At City Financial Bank, they have offered Haley a 7% compound interest rate. If she invests $1400 for 4 years. If they give her a compound interest rate, how much INTEREST will Haley earn at Prosper Financial
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At City Financial Bank, they have offered Haley a 7% compound interest rate. If she invests $1400 for 4 years. If they give her a compound interest rate, how much INTEREST will Haley earn at Prosper Financial Bank?

User Diego Suarez
by
7.5k points

1 Answer

1 vote

Answer:

I'm not quite sure but maybe 392??? I really don't know tho

Explanation:

1400*4= 5600, 5600*7= 39200, 39200/100= 392

User Zipi
by
6.9k points
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