Hey Siri Timothy nvested 12,000 in an account that pays 4% annual simplest interest .timothy will not make any additional deposits or withdrawals . How much interest will Timothy earn on his investment at the end of 4 years
He starts with 12,000 dollars. If he makes 4 percent of that, he is making 480 dollars every year. So you know how much he is making every year, you need to know what he is making in 4 years. 480 * 4 = 1920
