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JackieCortes
JackieCortes JackieCortes
  • 13-01-2017
  • Mathematics
Answered

How much interest would be earned on $3,700 in one year if it is invested at 4%?

Verified Answer :

Anonymous Anonymous
  • 13-01-2017

I'd say $148 because you convert the percent into a decimal so
4%= 0.04

Then you multiply $
3,700•0.04 = $148

So I'd say the interest earned on $
3,700 in one year would be $148

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