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You put $400 in a savings account. The account earns 7% simple interest per year. A. What is the interest earned after 8 years? ____ b. What is the balance after 8 years?

You put $400 in a savings account. The account earns 7% simple interest per year. A. What is the interest earned after 8 years? ____ b. What is the balance after 8 years?
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You put $400 in a savings account. The account earns 7% simple interest per year. A. What is the interest earned after 8 years? ____ b. What is the balance after 8 years?

asked
User Lzap
by
7.8k points

1 Answer

4 votes

Answer:

4000$

Explanation:

its the correct answer ...because its saving account

answered
User Mrinalmech
by
8.4k points
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