The simple interest earned on a deposit of 4000 at 5% for 120 days

A = $4,066.00

Step-by-step explanation:

Calculation:

First, converting R percent to r a decimal

r = R/100 = 5%/100 = 0.05 per year.

Putting time into years for simplicity,

120 days / 360 days/year = 0.33 years.

Solving our equation:

A = 4000(1 + (0.05 × 0.33)) = 4066

A = $4,066.00

The total amount accrued, principal plus interest, from simple interest on a principal of $4,000.00 at a rate of 5% per year for 0.33 years (120 days) is $4,066.00.

* Hopefully this helps:) Mark me the brainlliest:)!!

∞ 234483279c20∞

answer: 34rtyj,jkhtyetwrhyjeuiejnbhdfknbkguxfrbhkfdbjvkmbd,kvbsd.kxjvbhjnfbgjxdfn

step-by-step explanation: