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3 years ago

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A new bank customer with $3,200 wants to open a savings account. The bank is offering a simple interest rate of 5%. How much i

nterest will the customer earn after 4 years?
A- $640
B- $160
C- $40
D- $960

2 answers:

telo118 [61]3 years ago

5 0

The answer would be:
A-$640

Explanation:
5% of $3200 =$160
$160x4=$640

MrRa [10]3 years ago

3 0

Answer:

A. $640

Step-by-step explanation:

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