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Marsha deposited $8,500 into savings account 5 years ago. The simple interest rate is 3%. How much money did Marsha earn in interest?
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Marsha deposited $8,500 into savings account 5 years ago. The simple interest rate is 3%. How much money did Marsha earn in interest?
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Mar 8, 2021
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Marsha deposited $8,500 into savings account 5 years ago. The simple interest rate is 3%. How much money did Marsha earn in interest?
Mathematics
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Cmann
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Cmann
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5
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Answer:
1275
Explanation:
.03 times 8500 is 255 so 255 times 5 is 1275
Burak Altundal
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Mar 13, 2021
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Burak Altundal
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