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Franklin has $2,500 in a savings account that pays interest at the rate of 4% annually. how much interest will he earn after one year?

Franklin has $2,500 in a savings account that pays interest at the rate of 4% annually. how much interest will he earn after one year?
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5 votes
Franklin has $2,500 in a savings account that pays interest at the rate of 4% annually. how much interest will he earn after one year?

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User Shambu
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1 Answer

6 votes
Interest earned=2,500×0.04=100
answered
User Aric TenEyck
by
7.7k points
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