Mr. rodriguez invest $2,000 in a savings plan the savings account pays an annual interest rate of 5.75 how much will mr. rodriguez earn if he leave his money in the savings plan for 10 years (55 points) plz

Mr. Rodriguez invest *$2,000 in a savings plan the savings account pays an annual interest **rate of 5.75 how much will Mr. Rodriguez earn if he leave his money in the savings plan for ***10 years?

The bolded parts have a certain number of stars before it. That correlates with the below:

The equation is I = P * R * T

I = interet

* P = pay

**R = rate

***T = time (measured in years)

The pay is $2000

The rate is 5.75%

The time is 10 years.

You need to convert the rate into a decimal.

5.75% = 0.0575

2000 * 0.0575 * 10 = 1150

The answer is $1150

After 10 years, Mr. Rodriguez will have earned $1,150

Hope I helped!

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~ Zoe

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