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When Sarah invests $4000 in a money market
account she receives 1.4% simple interest annually.
If she doesn't add or subtract any money how
much interest will she earn after 4 years?

Respuesta :

NopeQueen

Answer:

$4,224

Step-by-step explanation:

P(principal)=$4,000

R(rate)=1.4%

T(Time): 4 years

A=4,000×(1+(0.014×4))=$4,224

A=$4,224.00

So, Sarah will have $4,224 of interest in 4 years.

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