77.4k views
1 vote
How much interest will you earn if you deposit $3,500 into a savings account with an with an interest rate of 4% for 2 years?

1 Answer

3 votes
I=Prt
I=$3500(0.04)(2)
I=$3500(0.08)
I=$280
User Brian Moeskau
by
5.7k points