SOLUTION: if a person invested $500 at 2% simple interest for 4 years, how much interest is earned

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Question 941970: if a person invested $500 at 2% simple interest for 4 years, how much interest is earned
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
I=Prt
I=500*0.02*4
I=$40