maggievanover4651 maggievanover4651

17-05-2020
Mathematics

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Sonny deposited $8,500 in an account that earns 4% simple interest. If Sonny makes no more deposits or withdrawals, then how much interest will he earn at the end of 2 years?

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hltb121978 hltb121978

18-05-2020

Answer:

$680

Step-by-step explanation:

I=PRT

I=(8500)(0.4)(2)

8500

× 0.4

_____

340

× 2

____

680.00

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