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How much interest is earned when the principal amount is $250, the annual simple interest rate is 1%, and the number of years is 10? (

How much interest is earned when the principal amount is $250, the annual simple interest rate is 1%, and the number of years is 10? (
asked 3.8k views
14 votes
How much interest is earned when the principal amount is $250, the annual simple interest rate is 1%, and the number of years is 10? (

asked
User Meir Snyder
by
8.0k points

1 Answer

10 votes

Answer:

240.1

Explanation:

answered
User Muhammad Hamza
by
7.8k points
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