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Umnica [9.8K]
3 years ago
5

Johanna owes $2,400 to a bank. The debt grows with simple interest at a rate of 5% per year. How much will Johanna owe in two ye

ars?
Thank you to whoever helps me❤️
Mathematics
1 answer:
Nina [5.8K]3 years ago
7 0

Answer:

$2,640

Step-by-step explanation:

5% × $2,400 = 120

120 × 2 = $240

$2,400 + $240 = $2,640

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