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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?
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Aug 19, 2019
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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?
Mathematics
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Christhofer Natalius
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3500 x 3 x 0.12 = 1260
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interest he will earn in 3 years $1,260
Aakash Anuj
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Aug 20, 2019
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Aakash Anuj
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(3500*12%)*3=1260 I hope I helped
Chris Wingler
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Aug 22, 2019
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Chris Wingler
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