Joan puts $400 into a bank account. Each year the account earns 7% simple interest. How much interest will be earned in four yea
rs ?
$60
$72
$84
$112
1 answer:
$60
400 ÷ 7 = 57. 1428571429
Since that's not an option we estimate it. The closest number is $60 so, there's your answer!
I hope this helps! sorry if it's wrong :(
~ Kana ^^
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I believe it is A
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Step-by-step explanation:
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