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Marsha deposited 9,500 into a savings account 3years ago. The simple interest rate is 4%. How much money did Marsha earn in interest
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Marsha deposited 9,500 into a savings account 3years ago. The simple interest rate is 4%. How much money did Marsha earn in interest

User Nitek
by
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1 Answer

6 votes

Answer:

She earned 1140 in simple interest.

Explanation:

9500 * 1.12 = 10640

10640 - 9500 = 1140

User Pavel Lechev
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