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

SWilko asked Jan 23, 2023

176,104 views

13 votes

SWilko asked Jan 23, 2023

3.3k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

10 votes

Answer:

She earned 1140 in simple interest.

Explanation:

9500 * 1.12 = 10640

10640 - 9500 = 1140

2.6k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers