If you invest $250 at a 4% interest rate what will be the interest I have 2 minutes

Mathematics

1 answer:

Finger [1]2 years ago

4 0

The amount of interest you would earn in one (1) year is equal to $10.

Given the following data:

Interest rate = 4% = 0.04

Principal = $250.00

Time = 1 year

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In summary,

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