Mathematics, 30.03.2021 03:00 necolewiggins3083
Edward has $20,000 in a savings account that earns 13% interest per year. The interest is not compounded. How much interest will he earn in 1 year?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.
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Answers: 3
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Edward has $20,000 in a savings account that earns 13% interest per year. The interest is not compou...
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