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Ahmad deposits $6000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 3 years

Ahmad deposits $6000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 3 years
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Ahmad deposits $6000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 3 years

User Auditive
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1 Answer

2 votes
He will pay 900 on the first 3 years
User Alex Munoz
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8.2k points
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