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

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2 votes

Answer:

The answer is 30

Hope this helps:)

Explanation:

Student For Life answered Oct 25, 2021

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4 votes

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

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