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Liam puts $900 in a savings account at an annual interest rate of 3%, If Liam does not withdraw or deposit any money, what is the interest that Liam will earn at the end of six months?
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Liam puts $900 in a savings account at an annual interest rate of 3%, If Liam does not withdraw

or deposit any money, what is the interest that Liam will earn at the end of six months?

User Msmq
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1 Answer

7 votes

Answer:

Explanation:

Liam has bank with 3% yearly

900*3/100=27 dollars he would earn in 1 year

in six months, 27/2=13.50 interest earn

User Fahid Mohammad
by
3.4k points
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