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Maria deposited $1 ,320 in an account that pays 2.29% simple interest for three years. What will the interest be for the three years?
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5 votes
Maria deposited $1 ,320 in an account that pays 2.29% simple interest for three years.

What will the interest be for the three years?

User JamesArmes
by
7.6k points

1 Answer

3 votes

Answer:$90.684

Explanation:

Simple interest =PRT/100

=1320×2.29×3/100

=$90.684

User Radu Linu
by
7.1k points
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