Asked by Barbara

Gwen has $500 in a savings acct that earns 10%interest per year. The interest is not compound. How much interest will she earn in 1 year?

formula: I=prt
Answered by oobleck
so what is 10% of 500?
You have the formula, and t=1, so just plug and chug.
Answered by gyg
whats the answer tho
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