Ask Question
Today, 09:02

Frank invests 250$ at a simple interest rate of 5%. How much interest will he earn after 4 years?

+5
Answers (1)
  1. Today, 10:02
    0
    I got $50 of interest over 4 years

    1 year = 250*5% or 1 year = 250*.05

    1 year of interest = $12.5

    4 years of interest = 12.5*4

    4 years of interest = $50
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Frank invests 250$ at a simple interest rate of 5%. How much interest will he earn after 4 years? ...” 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