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How much interest does a $7,149.38 investment earn at 5% over three years?

How much interest does a $7,149.38 investment earn at 5% over three years?
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1 vote
How much interest does a $7,149.38 investment earn at 5% over three years?

User Amit Naraniwal
by
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2 Answers

3 votes
$1072.41 is what im assuming base off the fact that you can just multiply the investment times .05 = 357.47 after being rounded times 3
User SharadxDutta
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8.2k points
2 votes

Answer:

Explanation:

5% x $1,000 x 4 = $200 so its 200

User Vlad Vidac
by
8.2k points
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