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Suppose $10,000 is desposited in a bank at 3.5% annual interest. What is the interest earned after one year?
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Suppose $10,000 is desposited in a bank at 3.5% annual interest. What is the interest earned after one year?

User Buruzaemon
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2 Answers

1 vote

Answer:

$350

Explanation:

User Peter Loudon
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0 votes

Answer:

The interest earned would be $353

Explanation:

See the image attached

Suppose $10,000 is desposited in a bank at 3.5% annual interest. What is the interest-example-1
User Syed Daniyal Asif
by
6.3k points
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