Jason invests $325 in a bank account. The bank has an annual
interest rate of 24%. How much interest did his investment earn
after one year?

Respuesta :

Answer:

$78 in interest.

Step-by-step explanation:

Use formula A = P(1+r) ^ t
P = 325, r = 0.24, t = 1
A = 325(1 + 0.24)
A = 325(1.24)
A = 403
He earns $403