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You put $200 in a savings account. The account earns 2% simple interest per year. What is the interest earned after 5 years? (*hint: just the interest, NOT the total) Use the fo…

You put $200 in a savings account. The account earns 2% simple interest per year. What is the interest earned after 5 years? (*hint: just the interest, NOT the total) Use the fo…
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You put $200 in a savings account. The account earns 2% simple interest

per year. What is the interest earned after 5 years? (*hint: just the
interest, NOT the total)
Use the formula I = p.r.t

asked
User FelixSFD
by
8.4k points

1 Answer

4 votes

Answer:

interest total after 5 years is $20.82

Explanation:

answered
User Micheal Vu
by
8.3k points
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