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An account earns simple interest. $1500 at 4% for 5 years The interest earned is $______ The balance of the account is $_____

An account earns simple interest. $1500 at 4% for 5 years The interest earned is $______ The balance of the account is $_____
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4 votes
An account earns simple interest.

$1500 at 4% for 5 years

The interest earned is $______

The balance of the account is $_____

asked
User Girish Sakhare
by
8.5k points

1 Answer

2 votes
60 per year and a total of 300 for 5 years
answered
User RoryB
by
8.5k points
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