You invest $500 dollars in a savings account that has an interest rate of 5.2%. How much interest will you earn in 4 years? Pls help me!

Question

asked Dec 3, 2022 232k views

1 Answer

Relower · Answer 1 · 2022-12-09T03:47:41+0000

Answer:

104 Dollars

Explanation:

Principal ammount= 500

(R) Interest rate= 5.2%

Time involved= 4 years

I= P x r x t

Hope this helped