Question

Franklin has $2,500 in a savings account that pays interest at the rate of 4% annually. How much interest will he earn after one year? @heather040200

Answer 1

$100.00 Interest= principal times the rate times the time (in years). So, your problem looks like this: I = 2,500* .04* 1
Which becomes....I = 100 or $100.00

Answer 2

it is 100

Answer 3

yup

Answer 4

yea i am ganna posted another one