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Marsha deposited $10,000 into a savings account 5 years ago. The simple interest rate is 3%. much money did Marsha earn in interest
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5 votes
Marsha deposited $10,000 into a savings account 5 years ago. The simple interest rate is 3%.

much money did Marsha earn in interest

User Ronak Dhoot
by
7.5k points

1 Answer

5 votes

Answer:

She earned 1500 in interest

Explanation:

10,000 × 0.03 × 5 = 1500

Your welcome :)

User Dor Rotman
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