Mathematics, 27.04.2021 23:20 belindajolete

A bank offers a savings account with a yearly simple interest rate of 2%. Suppose you deposit $550 into a savings account. How much simple interest will you earn
in 4 years? In 4 years and 6 months?
Show your work.

Answers: 1

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More questions: Mathematics Another questions

A bank offers a savings account with a yearly simple interest rate of 2%. Suppose you deposit $550 into a savings account. How much simple interest will you earn in 4 years? In 4 years and 6 months? Show your work.

Answers

Another question on Mathematics

A bank offers a savings account with a yearly simple interest rate of 2%. Suppose you deposit $550 into a savings account. How much simple interest will you earn
in 4 years? In 4 years and 6 months?
Show your work.