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John invested $400 in a savings account. How much interest will he earn in 5 years if the imterest rate is 7%?

John invested $400 in a savings account. How much interest will he earn in 5 years if the imterest rate is 7%?
asked 123k views
5 votes
John invested $400 in a savings account. How much interest will he earn in 5 years if the imterest rate is 7%?

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User Rohit Kharche
by
7.9k points

2 Answers

0 votes
400 * 5 * 0.07 = 140

answer: John will earn $140 of interest in 5 years
answered
User Terminality
by
8.9k points
2 votes
I=prt....i=400*0.07*5=?????
answered
User On Freund
by
8.1k points
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