Ask Question
17 May, 21:14

Ben Snell has $400 in his savings account. His annual interest rate is 4%. How much simple interest did he earn after six months?

+2
Answers (1)
  1. 18 May, 00:05
    0
    400 times. 02 = $8.00

    4% is a year of interest 2% is six months

    take 400 x. 02 you come up with 8.00
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Ben Snell has $400 in his savings account. His annual interest rate is 4%. How much simple interest did he earn after six months? ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers