Simone put $250 into her savings account that has an annual interest rate of 3.5%. How interest will Simone earn on this amount for two years?

asked Feb 20, 2021 139k views

4 votes

Simone put $250 into her savings account that has an annual interest rate

of 3.5%. How interest will Simone earn on this amount for two years?

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5 votes

The other answers confuse me. 267.5 since 3.5=0.035 so 250x0.03.5=8.75x2=17.5+250

JTK answered Feb 26, 2021

by JTK

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