Katrina deposits 500$ into savings account that pays 4% simple interest. how much does she earn in 3 years if she makes deposits? round to the nearest cent.

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asked Jan 15, 2018 194k views

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Katrina deposits 500$ into savings account that pays 4% simple interest. how much does she earn in 3 years if she makes deposits? round to the nearest cent.

Mathematics
middle-school

Skylize asked

by Skylize

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she will earn $60
begin by multiplying 500x.04=20
then multiply by 3 to equal $60
that is how much she'll earn

Enes Islam answered Jan 22, 2018

by Enes Islam

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