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Abram has $600 in a savings account that earns 1.5% annual simple interest. If he does not make any deposits or withdrawals, how much interest will he earn in 3/4 year?
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Abram has $600 in a savings account that earns 1.5% annual simple interest. If he does not make any deposits or withdrawals, how much interest will he earn in 3/4 year?

User Evansgambit
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4 votes
I = Prt
I = $600*.015*(3/4)
I = $6.75
User Andrew Dalke
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