Mimi has $100 in a savings account that earns 5% interest per year. The interest is not
compou...
Mathematics, 06.04.2020 18:34 22justinmcminn
Mimi has $100 in a savings account that earns 5% interest per year. The interest is not
compounded. How much interest will she earn in 1 year?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount),
is the interest rate expressed as a decimal, and t is the time in years.
Answers: 2
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