2 years ago

Rozlyn invested $2000 in an account that pays 4.25% annual

Mathematics

1 answer:

densk [106]2 years ago

4 0

9514 1404 393

Answer:

$850

Step-by-step explanation:

The amount of interest earned is ...

I = Prt . . . . . on principal P at annual rate r for t years

Using the given values, the interest earned is ...

I = $2000·0.0425·10 = $850

The interest Rozlyn's account earns in 10 years is $850.

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