Erica has $1,500 in her savings account. the interest rate is 4%. How much interest wil Erica earn when her money has been in the bank for 3 years?

Martin Brabec asked Dec 6, 2022

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3 votes

Martin Brabec asked Dec 6, 2022

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14 votes

Answer:

180

Explanation:

I=PRT

Priciple(start Amount) x Rate(Percent wirtten as a decimal) x Time (years) = Intrest

P x R x T = Intrest

1500 x 0.04 x 3 = 180

Hidro answered Dec 11, 2022

by Hidro

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