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Elanso [62]
3 years ago
9

Ben Snell has $400 in his savings account. His annual interest rate is 4%. How much simple interest did he earn after six months

?
Mathematics
2 answers:
Sauron [17]3 years ago
8 0
$400 x .04 x.5 = 8
8+400 = $408.00

daser333 [38]3 years ago
4 0
400 times .02= $8.00
4% is a year of interest 2% is six months
take 400 x.02 you come up with 8.00
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