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Gia opened two savings accounts at two different banks. One account earns an annual 3.4% simple interest, and the other earns half as much. If she deposited $500 in each account, how much total interest will she have earned in 3 years?

User Archish
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1 Answer

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She would have earned 1,972 because she’s getting 3.4 and in 3 years which is 365 days adding 365 together 3 times and then multiplying that number by 3.4 that’s how much she’ll earn which is 1,972.
Hope this helps you !
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User Ara Badalyan
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