Sami's bank account earns 4% simple interest per year. If Sami deposits $500, how much simple...

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Sami's bank account earns 4% simple interest per year. If Sami deposits $500, how much simple...

Sami's bank account earns 4% simple interest per year. If Sami deposits $500, how much simple interest will she earn in one year?

math algebra

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Answer 1

Answer #1

we bare given principal zp= $500 rate of interest = I = 42 Time: =f= Year khoe the formula of Bimple interest Simple interest simple interest โอ) one year = $20

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Answer 2

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Suppose that David deposits $500 in your savings account that earns 5% annual interest. How much...

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Add Answer to: Sami's bank account earns 4% simple interest per year. If Sami deposits $500, how much simple...

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Add Answer to:
Sami's bank account earns 4% simple interest per year. If Sami deposits $500, how much simple...