Mar 10, 11:28:13 PM Hayley has $240 in a savings account that earns 10% annually. The interest is simple
interest, compounded once yearly. How much will she have in her account at the end
of 4 years?
Use the formula I = prt, where I is the interest earned, p is the principal (starting
amount), r is the interest rate expressed as a decimal, and t is the time in
years.
Round to nearest cent.
$96
C$336
Submit Answer
S300
S249