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Cathy deposited $100 in an account that has a simple interest rate of 3.4%. How much interest will she earn after 2 years?

Cathy deposited $100 in an account that has a simple interest rate of 3.4%. How much interest will she earn after 2 years?
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Cathy deposited $100 in an account that has a simple interest rate of 3.4%. How much interest will she earn after 2 years?

User Thaleshcv
by
7.8k points

1 Answer

9 votes

Answer:

6.8% Intrest for 2 years.

Explanation:

3.4% x2 is 6.8

User Daniel Van Flymen
by
7.5k points
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