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How much interest would be earned after 2 years if you deposited $865 in an account that earned 3.5% simple interest?
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4 votes
How much interest would be earned after 2 years if you deposited $865 in an account that

earned 3.5% simple interest?

User Dvl
by
8.3k points

1 Answer

4 votes

Answer:

the answer is 925.55

Explanation:

it'd be 865(1+.035)^2 and you get 925.55

User Trudger
by
8.3k points
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