Respuesta :

Answer:

$70

Step-by-step explanation:

$1,400* 5%* 1 year= 1,400* 0.05* 1=7 0

bhavya2vemuri

Answer:

$70

Step-by-step explanation:

1) lets use the interest formula:

I=PRT

Where I=interest

P=principal(starting amount of 1,400)

R=rate(0.05)

T=time(1)

Lets plug in our values into the formula:

I=1,400*0.05*1

I=70

The account earns an interest of $70

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