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3 years ago

9

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:

Sladkaya [172]3 years ago

3 0

$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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