jiymlendt737 jiymlendt737
  • 21-04-2021
  • Mathematics
contestada

Rozlyn invested $2000 in an account that pays 4.25% annual simple interest. She will not make any additional deposits or withdrawals. How much interest will Rozlyn earn on her investment in 10 years?

Respuesta :

clarch19
clarch19 clarch19
  • 21-04-2021

Answer:

$850

Step-by-step explanation:

Interest = Principal x Rate x Time

I = 2000(.0425)(10)

I = 850

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