Keisha deposits $500 into an account that pays simple interest at a rate of 2% per year. How much interest will she be paid in the first 4 years?

$40

Step-by-step explanation:

You are going to want to use the simple interest formula for this.

I = interest amount

P = principal amount

r = interest rate (decimal form)

t = time

First, change 2% into its decimal form:

2% -> -> 0.02

Next, plug in the values into the equation as shown below:

Keisha earned $40 worth of interest after the first 4 years.

answer: 34rtyj,jkhtyetwrhyjeuiejnbhdfknbkguxfrbhkfdbjvkmbd,kvbsd.kxjvbhjnfbgjxdfn

step-by-step explanation:

1. 3.4/4

2. 0.8/7

3. 0.5 x 3

4. 0.9 x 6

5. 10.8

6. 2.35

7. 0.567

8. 9.35

9. 0.02

10. 0.06

11. 0.16

12. 0.42

13. 0.63

14. 5.6

15. 8.1

16. 9.9

17. 0.28

18. 0.48

19. 0.27

20. 0.49

21. 0.45

22. 0.72

23. 0.9

24. 0.88

25. 0.75

26. 0.16

27. 0.328

28. 0.495

29. 0.72

30. 1.068