Question

You put 200$ in a saving account. The account earns 2% simple intrests per year. A. What is the interest earned after 5 years?

Answer 1

Answer:20$

Step-by-step explanation:

?/200= 2/100

200*2= 400

400/100=4

4 per year so 4*5 =20 so 20$ for 5 years