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Lisa invested $5200 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn? A 281 B 330 C 3300 D 2808

Lisa invested $5200 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn? A 281 B 330 C 3300 D 2808
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Lisa invested $5200 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?

A 281
B 330
C 3300
D 2808

User Terry Djony
by
8.4k points

1 Answer

3 votes
6 % of 5,200 = 312 (Annually)

312 × 9 = 2808
User Obl
by
8.0k points
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