68.9k views
5 votes
Starting money = $350.

Interest rate = 2.5%
Time - 3 years.
How much interest?
a) $7.50
b) $26.25

User Chanthu
by
3.2k points

1 Answer

5 votes

Answer:

Explanation:

I=Prt

I=350(0.025)3

I=$26.25

User Hololeap
by
3.4k points