math

posted by .

Calculate the interest earned on a savings account with $900.00 that is invested at 4% annual simple interest for 5 years?

  • math -

    I = PRT

    I = 900 * 0.04 * 5

    I = ?

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. MINE Math

    16. Calculate the interest earned on a savings account with $800.00 that is invested at 5% annual simple interest for 5 years. (1 point)
  2. Business Algebra

    You invest $20,000 in two accounts. Account A earned 4.5% annual simple interest and Account B earned 6% annual simple interest. the total amount of interest earned for 1 year was $987.50, how much was invested into each account?
  3. math

    An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested …
  4. math

    An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested …
  5. math

    An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested …
  6. Algebra( check my answers)

    1. Juan deposited $200 in a savings account earning 3% interest over 2 years. What was the total amount of interest earned after 2 years?
  7. Lat math question for some days. Can y'all help?

    Huan deposited $850 into a college savings account earning 4.8% interest compounded annually. He also deposited $850 into a second account earning 4.8% simple interest. He made no additional deposits. After 10 years, which account …
  8. Math

    Calculate the interest earned on a savings account with 820 that is invested at 4% annual simple interest for 3 years 29.10 32.80 98.40 131.20
  9. simple interest

    A total of $8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so …
  10. simple interest

    A total of $12,000 is invested into two simple interest accounts. On one account the annual simple interest rate is 12%, while on the second account the annual interest rate is 18%. How much should be invested at 12% so that the interest …

More Similar Questions