Goran deposits $4000 into an account that pays simple interest rate at %3 per year. How much interest will he be paid in the first 5 years?

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asked Aug 7, 2020 97.5k views

5 votes

Goran deposits $4000 into an account that pays simple interest rate at %3 per year. How much interest will he be paid in the first 5 years?

Mathematics
middle-school

Rahulritesh asked

by Rahulritesh

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1 Answer

3 votes

1200 I think estimated

StepanM answered Aug 13, 2020

by StepanM

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