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Om invests $6249 in an account that pays 4.15% interest per year for 4 years. How much simple interest will he earn? Round your answer to the nearest penny if necessary.

Om invests $6249 in an account that pays 4.15% interest per year for 4 years. How much simple interest will he earn? Round your answer to the nearest penny if necessary.
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om invests $6249 in an account that pays 4.15% interest per year for 4 years. How much simple interest will he earn? Round your answer to the nearest penny if necessary.

asked
User Ahmed Farahat
by
8.6k points

1 Answer

3 votes

Answer:

Convert 4.15% to a decimal 6249, 0.0415 ,year ,4years

Explanation:

answered
User Doree
by
8.7k points
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