Respuesta :

RedRicin
Simple interest formula:

[tex]I=prt[/tex]

where [tex]I[/tex]=interest, [tex]p[/tex]=principal (how much you put in at first), [tex]r[/tex]=rate as a decimal, and [tex]t[/tex]=number of years.

Let's plug in what we're given.

[tex]I=350\times0.05\times4[/tex]

Calculate it out...

[tex]\boxed{I=70}[/tex]

The interest earned is $70.00.

Answer:

70.00

Step-by-step explanation: