Question

if marsha deposited 9,500$ into a savings acc 4 years ago The simple interest rate is 2% how much money did masha earn

Answer 1

Kasha earned $10,260.00

Explanation:

The total amount accrued, principal plus interest, from simple interest on a principal of $9,500.00 at a rate of 2% per year for 4 years is $10,260.00.