Register

Derrick has $3500 in a savings account that earns 12% annually. If the interest is not compounded, how much interest will he earn in 3 years?

Derrick has $3500 in a savings account that earns 12% annually. If the interest is not compounded, how much interest will he earn in 3 years?
87.8k views
1 vote
Derrick has $3500 in a savings account that earns 12% annually. If the interest is not compounded, how much interest will he earn in 3 years?

User Nick A Miller
by
7.9k points

1 Answer

7 votes
I'm thinking I no this one hold up
User Gouda Elalfy
by
7.9k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!