70.5k views
4 votes
3. Garrison deposited $500 in an account that

earns 3% interest compounded annually. How
much interest will the account earn after 6
years?

User Hidar
by
5.4k points

2 Answers

7 votes

Answer:

97.03

Explanation:

the other guy is wrong.

User Luanjunyi
by
5.2k points
3 votes

Answer:

$90

Explanation:

3% $500= $15

$15 times 6yrs = $90

User Taggon
by
5.3k points