Mathematics, 17.10.2020 02:01 renee9913
Sonya put $400 in a savings account for 3 years which pays 5% annual simple interest. The formula to determine the amount of interest earned is given by i = prt.
i represents the interest earned
p represents the principal invested
r represents the rate
t represents the time in years.
Using the formula above, how much interest will Sonya earn?
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Sonya put $400 in a savings account for 3 years which pays 5% annual simple interest. The formula to...
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