Ask Question
20 October, 21:16

if $38 is invested at a simple interest rate of 2% per year, what would the total account balance be after forty years?

+5
Answers (1)
  1. 20 October, 23:21
    0
    The answer is$30.40

    I=P*R*T

    I=38*.02*40

    I=30.40
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “if $38 is invested at a simple interest rate of 2% per year, what would the total account balance be after forty years? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers