s8899687
s8899687 s8899687
  • 21-05-2021
  • Mathematics
contestada

Brendan has $200 in a savings account with a 1% interest rate. Using the formula for simple interest, how much will he earn in interest after 7 years?

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clarch19
clarch19 clarch19
  • 22-05-2021

Answer:

$14

Step-by-step explanation:

Interest = Principal x Rate x Time

I = 200(.01)(7)

I = 14

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