elizabethandreuben elizabethandreuben
  • 16-12-2020
  • Mathematics
contestada

Edward deposited $10,000 into saving accounts 2 years Ago. The simple interest rate is 2%. How much money did Edward earn in interest.

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gracebaker674
gracebaker674 gracebaker674
  • 16-12-2020

Answer:

the answer is someone else can

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chmax1 chmax1
  • 16-12-2020

Answer:

S = P (r)(t)

Step-by-step explanation:

S = Simple interest

P = Principle

r = rate

t = time

S = (10000 x 2%)x2

Work brackets first 10000 x 2% = 200

then 200 x 2 = 400

S = 400

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