Question

Maureen invested $950 in her bank account with an interest rate of 3%. How much interest did sheearn in 6 years?

Answer 1

Step-by-step explanation

The interest Maureen derived can be gotten using

`\begin{gathered} I=(PRT)/(100) \\ I=(950*3*6)/(100) \\ I=171 \end{gathered}`

Answer: $171