Ypu deposit $200 in an account that earns 4% simple interest. How much interest did you earn in 3 years?

asked Mar 17, 2022 123k views

16 votes

4.2k points

Please log in or register to add a comment.

5 votes

Answer:

1,200

Explanation:

Gus E answered Mar 19, 2022

by Gus E

4.5k points

11 votes

Answer:

$1200

Explanation:

we know that,

I=PTR/100=200*4*3/100=100*4*3=400*3=$1200

SSilk answered Mar 24, 2022

by SSilk

4.2k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.9m answers