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A club deposited $50,000 in a savings account at the beginning of the year. Interest will be paid at a rate of 3% at the end of the year. How much interest will the club receive…

A club deposited $50,000 in a savings account at the beginning of the year. Interest will be paid at a rate of 3% at the end of the year. How much interest will the club receive…
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A club deposited $50,000 in a savings account at the beginning of the year. Interest will be paid at a rate of 3% at the end of the year. How much interest will the club receive for a year? Please help!

User RazvanParautiu
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1 Answer

7 votes
They should receive $1500 !
User Alanbuchanan
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7.7k points
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