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Jesse deposits $4,000 into an account that earns 1.5% Simple Interest. He leaves it in there for 3 years. How much interest will he earn?
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Jesse deposits $4,000 into an account that earns 1.5% Simple Interest. He leaves it in

there for 3 years. How much interest will he earn?

User Moosa Baloch
by
8.3k points

1 Answer

4 votes
1.5% of 4000 is 60 . 3 years times 60$ = 180$
User Joseph Kasule
by
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