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20 June, 02:08

Yvonne put $4,000 in a savings account. At the end of 3 years, the account had earned $960 in simple interest. How much does she have in her account at the end of 3 years

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  1. 20 June, 02:29
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    She have $4960 in her account at the end of 3 years

    Step-by-step explanation:

    Yvonne put in a savings account. = $4,000

    Principal = $4,000

    At the end of 3 years, the account had earned $960 in simple interest.

    So, Simple interest = $960

    Amount = Principal + interest = $4000 + $960=$4960

    Hence She have $4960 in her account at the end of 3 years
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