Question

3% simple annual interest paid on $250

The simple interest earned in year 1 is calculated as
Year
Total Interest Paid
The simple interest earned in year 1 is
The total interest earned at the end of year 4 is
1
?
2.
$15.00
3
$22.50
4 how do u get these
?

Answer 1

1st one is (0.03)(250)

2nd one is $7.50

3rd one is $30.00

Explanation:

edgenutiy sucks

btw the dude above me got it right

Answer 2

1st one is (0.03)(250)

2nd one is $7.50

3rd one is $30.00

Explanation: