Question

John put $3, 000 in his savings at 2% annually for 3 years. What did he earn in simple interest?

Answer 1

can we get the options

Explanation:

Answer 2

End Balance: $5,160.00

Total Interest: $2,160.00

Step-by-step explanation:

Total Interest =$3000 × 2% × 3 × 12

=$2,160.00

End Balance =$3000 + $2,160.00

=$5,160.00