Register

A bank is offering 3% simple interest on a savings account. If you deposit $5000 , how much interest will you earn in one year?

A bank is offering 3% simple interest on a savings account. If you deposit $5000 , how much interest will you earn in one year?
15.7k views
16 votes
A bank is offering 3% simple interest on a savings account. If you deposit $5000 , how much interest will you earn in one year?

User Arian Faurtosh
by
9.1k points

1 Answer

2 votes

Answer:

It might be $5000 x .025 x 1 = $125

Explanation:

Sorry if its wrong

User Jaydeep Rajput
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!