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How much interest is earned on an account if… Principal = $400 Rate = 8% Time = 1 year

How much interest is earned on an account if… Principal = $400 Rate = 8% Time = 1 year
asked 446 views
2 votes
How much interest is earned on an account if…

Principal = $400

Rate = 8%

Time = 1 year

asked
User Derek Gogol
by
8.4k points

1 Answer

1 vote

Answer:

$432

Explanation:

400 x 1.08 = $432

Hope this helps!!

answered
User Activebiz
by
7.8k points
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