Suzette deposited $800 into a bank account earning simple interest of 2.5% each year. After 5 years, how much interest had her account earned?

Step-by-step explanation:

The formula for simple interest is

where p is the principal, r is the rate, and t is the time.

The principal, or initial amount is $800 and the time is 5 years The interest rate is 2.5%, but we must convert to a decimal.

Divide by 100 or move the decimal place two spots to the left.

Substitute the known values into the formula.

Multiply.

After 5 years, Suzette's account has earned $100.00

what is the graph

step-by-step explanation:

step-by-step explanation: