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5. Hunter deposited $750 into a certificate of deposit that earns 4.35% annual simple interest for 3 years. How much interest will Hunter earn?
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9 votes
5. Hunter deposited $750 into a certificate of deposit that earns 4.35% annual simple interest for 3

years. How much interest will Hunter earn?

User Rafael De Andrade
by
3.5k points

1 Answer

6 votes

Answer:

$97.875

Explanation:

interest = 750 * 4.35% * 3

= $97.875

User Pokemon Blue
by
3.6k points
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