8) Mr. Jones deposited $2,000 into an account. He made no
additional deposits or withdrawals. Mr. Jones earned 4.25%
annual simple interest on the money in the account.
What was the balance in dollars and cents in Mr. Jones
account at the end of 4 years?
![8 Mr Jones deposited 2000 into an account He made no additional deposits or withdrawals Mr Jones earned 425 annual simple interest on the money in the account W class=](https://us-static.z-dn.net/files/d73/a587b2cd6e4bf3fa7899a83b11314bd2.png)