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Cody has $ 700 in a savings account that pays 4% simple interest .what is the amount of simple interest he will earn in 2 years

Cody has $ 700 in a savings account that pays 4% simple interest .what is the amount of simple interest he will earn in 2 years
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3 votes
Cody has $ 700 in a savings account that pays 4% simple interest .what is the amount of simple interest he will earn in 2 years

asked
User Mathemats
by
8.7k points

1 Answer

2 votes
p=700 i=prt
r=4% i=700 x .04 x 3
t=2yr i=84
answered
User Sharondio
by
8.0k points
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