Answered

Looking for answers? Westonci.ca is your go-to Q&A platform, offering quick, trustworthy responses from a community of experts. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Cluseposited $3,500 into a savings account 2 years ago. The simple interest rate is 4% how much
money did Liu earn in interest? What would the account earn in 10 years
The account and In interest


Pls help!!!

Sagot :

Answer:

Simple! She earned $280

Step-by-step explanation:

3500 x 2 x 4 = 28000/100 = 280

In 10yrs operating on the same frequency of rate, she's gonna earn;

3500 x 10 x 4 = 140000/100 = $1,400.

Therefore, $1400 dollars is what she's gonna earn in 10 years time.

We appreciate your time. Please come back anytime for the latest information and answers to your questions. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.