Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

what is the interest earned on $350.00 invested 4 years at a 5% simple interest?

Sagot :

apologiabiology
so simple interest earned is [(5% of 350) times 4]
so
percent means parts out of 100 so 5%=5/100=1/20
'of' can be translated as multiply
(1/20 times 350) times 4
[(350/20)times 4]
[(17.5) times 4]
[70]
70 is the answer
Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.