Rey has $1,600 in his bank account. If he does not add or take away any money from the account, how much interest will it earn in one year at 2%?

asked Apr 1, 2021 56.3k views

4 votes

Rey has $1,600 in his bank account. If he does not add or take away

any money from the account, how much interest will it earn in one year
at 2%?

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4 votes

Rey would have earned $32 in interest

8.3k points

4 votes

Answer:

$32

Explanation:

1600 ×2/100 = 32

so if u need to find total

1600 + 32 = 1632

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