We invest $3500 in an account that pays simple interest of 4% each year. How much interest is earned after 10 years?
1 answer:
Answer:
$1400
Step-by-step explanation:
Take $3500 and multiply by 4% (0.4) and then get the product of 140 then multiply by 10 for the years and get $1400. Hope this answer helped!
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