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If you deposit 500$ in a savings account that earns simple interest at a rate of 4.25% per year,how much interest will you have earned

If you deposit 500$ in a savings account that earns simple interest at a rate of 4.25% per year,how much interest will you have earned
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10 votes
If you deposit 500$ in a savings account that earns simple interest at a rate of 4.25% per year,how much interest will you have earned

asked
User Apneadiving
by
8.6k points

1 Answer

5 votes

Answer:

Find out what is 4.25% of 500 and that will be your answer

Explanation:

$21.25

answered
User Vee
by
7.9k points
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