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Marsha deposited $9000 into a savings account 3 years ago. The simple interest rate is 2%. How much money did marsha earn in interest?
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Marsha deposited $9000 into a savings account 3 years ago. The simple interest rate is 2%. How much money did marsha earn in interest?

User Yunior
by
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1 Answer

5 votes

Answer: $540

Explanation:

Simple interest = p * r * t

Simple interest = $9000 * 0.02 * 3

Simple interest = $540

User Andreaplanet
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