gabriellem96
gabriellem96 gabriellem96
  • 04-06-2020
  • Mathematics
contestada

You put $200 in a savings account. The account earns 2% simple interest per year. What is the interest earned after 5 years?

Respuesta :

tobybc12
tobybc12 tobybc12
  • 04-06-2020
$20 because 2% of 200 is 4 times it by 5 is 20
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sonicfanz200
sonicfanz200 sonicfanz200
  • 04-06-2020

Answer:

20

Step-by-step explanation:

2% / 100 = .02

200x.02x5=20

Answer Link

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