136k views
1 vote
Holly open a savings account at a local bank. she deposit $1500 into the amount 6 Year ago. if the amount earned an annual simple interest rate of 6.1%, how much interest has she earned

User Sadikhasan
by
6.7k points

1 Answer

5 votes
Holly earned $549 or 36% of the sum she deposited
User Tyler Pflueger
by
7.9k points