Register
Lorraine invested $5500 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?
67.3k views
0 votes
Lorraine invested $5500 in a savings account with a yearly interest rate of 6% for 9 years. How much simple interest did she earn?

User Clement Levesque
by
8.3k points

1 Answer

3 votes
5500 x 6% = 330
330 x 9 = 2970
So your answer would be 2970. Hope this helps!
User Claireablani
by
8.5k points
← Prev Question Next Question →

Related questions

User Chuck Reynolds
asked Oct 28, 2018 214k views
Lorraine invested $5500 in a savings account with a yearly interest rate of 6%
Chuck Reynolds asked Oct 28, 2018
by Chuck Reynolds
8.1k points
2 answers
5 votes
214k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!