Question: 11. When interest is not compound. How much interest will Sara earn in 4 years? She has $86 in an account that earns 4.5% per

11. When interest is not compound. How much interest will Sara earn in 4 years? She has $86 in an account that earns 4.5% per year. 2. Jane took $6000 loan with the interest of 8% per year. The duration of the loan is 5 years. Calculate the simple interest Jane getting from her loan
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
