Asked by Casi Danielle'

Scott deposits $400 into an account that pays simple interest at a rate of 6% per year. How much interest will he be paid in the first 2 years?

11 years ago

Answered by Ms. Sue

I = PRT

I = 400 * 0.06 * 2

11 years ago

Answered by Vishal

I=48

9 years ago

Answered by Anonymous

8 years ago

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