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Mary Seitz invested a certain amount of money in a savings account paying ​3% simple interest per year. When she withdrew her money at the end of 3​ years, she received in $3900…

Mary Seitz invested a certain amount of money in a savings account paying ​3% simple interest per year. When she withdrew her money at the end of 3​ years, she received in $3900…
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Mary Seitz invested a certain amount of money in a savings account paying ​3% simple interest per year. When she withdrew her money at the end of 3​ years, she received in $3900 interest. How much money did Mary place in the savings​ account?

User Shalitha Suranga
by
7.4k points

1 Answer

2 votes

Answer:

351

Explanation:

3%=0.03

3900*0.03*3=351

User Shivashankar
by
8.1k points
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