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Charls invested $140. She earned a simple interest of 3% pee year on the initial investment. If no money was added or removed from the investment, what was the amount of interest Charls received at the
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Charls invested $140. She earned a simple interest of 3% pee year on the initial investment. If no money was added or removed from the investment, what was the amount of interest Charls received at the ned of two years?​

User Shintaroid
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7.2k points

1 Answer

2 votes

Answer:

$148.4

Explanation:

140 times 0.03=4.2

4.2=8.4

140+8.4=148.4

User Mohamad Al Mdfaa
by
7.0k points
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