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If you deposit $3,000 in a savings account that earns simple interest at a rate of 2.5% a year, how much interest would you have after 4 years?
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If you deposit $3,000 in a savings account that earns simple interest at a rate of 2.5% a year, how much interest would you have after 4 years?
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Jan 3, 2023
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If you deposit $3,000 in a savings account that earns simple interest at a rate of 2.5% a year, how much interest would you have after 4 years?
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Fizzer
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Answer: 300 dollars
Work Shown:
i = P*r*t
i = 3000*0.025*4
i =
300
Tandrewnichols
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Jan 9, 2023
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Tandrewnichols
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