hbjackattack hbjackattack

24-11-2020
Mathematics

contestada

How much simple interest is earned on a $1,500 savings account with a 7% interest rate in 4 years? Round to the nearest penny.

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gardnerdanj gardnerdanj

26-11-2020

Answer:

$420 is earned in 4 years.

Step-by-step explanation:

1500 * 0.07 * 4 = 420

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