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