Question

Jamie has $30 in a savings account. The interest rate is 10% per year and is not

compounded. How much will he have in 3 years?
Use the formula i = prt, where i is the interest earned, p is the principal (starting amount),
is the interest rate expressed as a decimal, and t is the time in years.

Answer 1

the answer is 30 * 0.10 * 3

Explanation:

the equation is money * interest * time