lilnasxfan4ever lilnasxfan4ever

25-01-2022
Mathematics

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A savings account earns 4% annual simple interest. The principal is $1,100. what interest did the account earn after 6 months?

Respuesta :

ArtsyGirl03 ArtsyGirl03

26-01-2022

Answer:

$22 after 6 months

Step-by-step explanation:

use the I = Prt simple interest formula

t is time in years,, so make sure to convert the 6 months into 0.5 years in your work.

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