$2,275 is deposited into an account that earns 4% simple interest for 5 years. What is the amount of extra money earned over this period?

Can anyone solve this?

Question

$2,275 is deposited into an account that earns 4% simple interest for 5 years. What is the amount of extra money earned over this period?   Can anyone solve this?

minhkhoi · Answer

It would be 455 hope this helps!

thucuc · Answer

Answer:   455     Step-by-step explanation:   455×10²    P:$2,275  R:4%  T:5                P:$2,275  subtitle:R: 4% i  n  t  o     formula                 T:5    5×2275×0.04  5×(2275×0.04)  5×91   a  n  swer:  4  5  5

Leave a Comment Cancel reply