From the given question, we have the following parameters
Price = $100
Rate = 4%
Time = 1 year (per year)
This can be coined into a word problem as shown.
<em>Kyle </em>invested $10<em>0 into a business that yield </em>an interest of 4%<em> per year. What is the </em>interest earned<em> by Kyle </em>after one year<em>?</em>
