180k views
3 votes
You put. 1200 in an account that earns 3% simple interest. whats the amount after 4 years?

1 Answer

0 votes
1344 would be the answer by multiplying .03 times 1200 and getting 36 then multiplying it by 4 and then adding it to 1200 getting 1344.
User Daniel Bogart
by
8.3k points