Question

Yalguun earns 3.5% simple interest annually. She deposits $1050 into a bank account. How much interest will she make on her account after 9 years?

Answer 1

Explanation:

To use the simple interest formula, I = Prt, we substitute in the values for variables that are ... The rate of interest is usually expressed as a percent per year, and is calculated by ... Nathaly deposited $12,500 in her bank account where it will earn 4% interest. ... How much interest did she earn in 5 years