Raj inherited $900,000 from his father after paying $350,000 for a house he invested the remaining money in a savings account at 4.25% simple interest how much money is in the account if raj Makes no deposit or withdrawals for two years

You'll need to calculate the amount of money Raj has after paying $350000 for the house. That amount would be $550000.

the formula for simple interest is

i = p r t, where p is the principal, r is the interest as a decimal fraction, and t is the time in years.

Thus, i = $550,000 (0.0425) (2) = $46,750 (answer)