SOLUTION: Carol invested $250 at a simple interest rate of 4%. Find the interest she will earn in 1 year

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Question 955887: Carol invested $250 at a simple interest rate of 4%. Find the interest she will earn in 1 year
Answer by amarjeeth123(570) About Me  (Show Source):
You can put this solution on YOUR website!
Simple interest=Ptr/100=250*1*4/100=1000/100=10$
Interest=$10