Register
Cathy deposited $100 in an account that has a simple interest rate of 3.4%. How much interest will she earn after 2 years?
75.1k views
24 votes
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
7.6k points

1 Answer

9 votes

Answer:

6.8% Intrest for 2 years.

Explanation:

3.4% x2 is 6.8

User Daniel Van Flymen
by
7.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.1m questions

11.8m 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?
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
Link Copied!