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If you deposit a $2000 in a 3 year cd at 2.5 simple interest, what is the total amount of money earned

If you deposit a $2000 in a 3 year cd at 2.5 simple interest, what is the total amount of money earned
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3 votes
if you deposit a $2000 in a 3 year cd at 2.5 simple interest, what is the total amount of money earned

User Andreas Walter
by
8.2k points

1 Answer

3 votes
2000(3.5)^3
2000(42.875)
85.75

User Lechnerio
by
8.2k points
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