How much interest is earned on $2,700 in one year if it is invested at 3%? $8.10 $81.00 $810.00

asked Sep 21, 2019 64.5k views

5 votes

How much interest is earned on $2,700 in one year if it is invested at 3%?

$8.10
$81.00
$810.00

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2 votes

the answer is $81.00

KBIIX answered Sep 23, 2019

by KBIIX

5.7k points

2 votes

3% of $2,700

Multiply 2,700 times 0.03.

(2,700)(0.03) = 81

$81.00 interest is earned on $2,700 a year if it is invested at 3%.

Madhu Bhat answered Sep 28, 2019

5.8k points

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