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Bonnie deposits $480 in a savings account that earns simple interest at an annual rate of 3%. How much interest does her account earn after 10 years? $
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Bonnie deposits $480 in a savings account that earns simple interest at an annual rate of 3%. How much interest does her account earn after 10 years? $

User Max Koretskyi
by
5.1k points

1 Answer

4 votes

Answer:

$144

Explanation:

480x3x10/10

= $144

User Carlos Mayo
by
5.5k points
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