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Logan started a new savings account with a yearly interest rate of 3%. If he deposits $450 into the account, how much will he earn in interest in one year?

Logan started a new savings account with a yearly interest rate of 3%. If he deposits $450 into the account, how much will he earn in interest in one year?
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5 votes
Logan started a new savings account with a yearly interest rate of 3%. If he deposits $450 into the account, how much will he earn in interest in one year?

User Sirko
by
8.0k points

1 Answer

5 votes

Answer:

$13.50

Explanation:

3% of $450 is $13.50

User Alar
by
8.4k points
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