Sally deposited money into a savings account paying 4% simple interest per year. the first year, she earned $75 in interest. how much interest will she earn during the following year?

Amount of  interest that she will earn during the following year = $75

Step-by-step explanation:

Given that Sally deposited money into a savings account paying 4% simple interest per year. The first year, she earned $75 in interest. Now we need to find about how much interest will she earn during the following year.

We know that simple interest is calculated on the same amount each year.

So the interest amount will also be same every year.

Hence final answer is $75.

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step-by-step explanation: