Liam puts $1500 in a savings account at an annual interest rate of 3%. If Liam does not withdraw or deposit any money, what is the interest that Liam will earn at the end of eight months? $15 $60 $30 $360

asked Oct 23, 2021 50.9k views

1 vote

by Psxls

7.5k points

Please log in or register to add a comment.

2 votes

Answer:

The answer is 30

Hope this helps:)

Explanation:

Student For Life answered Oct 25, 2021

6.9k points

4 votes

The answer is $30 because 3% of 1500 is 45, and 2/3 of 45 is 30.

7.0k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.8m questions

10.5m answers