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Blanca has $38,800 in a savings account. The interest rate is 9% per year and is not compounded. How much interest will she earn in 9 months? simple interest​
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Blanca has $38,800 in a savings account. The interest rate is 9% per year and is not compounded. How much interest will she earn in 9 months?

simple interest​

User Dirkjot
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8.0k points

1 Answer

5 votes

Answer:

Step-by-smultiply 38800 × 0.09 × 0.75 to get that:

The interest is: $2619.00

User Fuad All
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