Marsha Deposited $5,500 into a savings account 5 years ago. The simple interest rate is 2%. How much money did Marsha earn in interest?

$550.00

Step-by-step explanation: Equation: I = Prt

Calculation:

First, converting R percent to r a decimal

r = R/100 = 2%/100 = 0.02 per year,

then, solving our equation

I = 5500 × 0.02 × 5 = 550

I = $ 550.00

The simple interest accumulated

on a principal of $ 5,500.00

at a rate of 2% per year

for 5 years is $ 550.00.

Hope this helped! ;)

answer: 370

step-by-step explanation:

remember use pemdas! there are no parentheses or exponents so lets move onto the first part of the equation: multiplication and division. first, lets break the first part of the equation up into something easier using the distributive property. 28 * 12= (20 *12) + (8*12) you know that 20*12 is 240 and 8*12 is 96. add them and you get 336. then, lets solve the last part of the equation (the last part of pemdas is addition and subtraction). 336 plus 34 is 370. hope this !

step-by-step explanation: i dont