Asked by Mia

A savings account earns 5% simple interest per year. The principal is $1200. What is the balance after 4 years?
Answered by Ms. Sue
I = PRT

I = 1200 * 0.05 * 4

I = ?

Add the interest to the principle to find the balance.

Answered by I give u d answers
1440, got it form person above
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