Keiko deposits $6000 into an account that pays simple interest at a rate of 3% per year. How much interest will she be paid in the first 3 years? help soon please

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asked Sep 26, 2021 68.9k views

5 votes

Keiko deposits $6000 into an account that pays simple interest at a rate of 3% per year. How much interest will she be paid in the first 3 years?

help soon please

Mathematics
high-school

TonE asked

by TonE

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1 Answer

4 votes

Answer:

540

Explanation:

3% of 6000 is 180. Multiply that by 3 years and you have your result.

Ictus answered Oct 2, 2021

by Ictus

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