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

asked Sep 26, 2021 185k views

4 votes

How much interest would be earned after 2 years if you deposited $865 in an account that

earned 3.5% simple interest?

by Dvl

4.7k points

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4 votes

Answer:

the answer is 925.55

Explanation:

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

Trudger answered Oct 1, 2021

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