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What is the interest earned on $620 at a rate of 3% for one year. Please help!
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What is the interest earned on $620 at a rate of 3% for one year. Please help!

User Shannon Cook
by
6.5k points

1 Answer

2 votes

Answer:

$18.60

Explanation:

3% = 0.03

  1. $620 x 0.03 = $18.60

Answer: $18.60

If requested total:

  1. $620 x 1.03 = $638.6

Answer: $638.6

User Laquan
by
6.2k points
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