bdhdhdh59
bdhdhdh59 bdhdhdh59
  • 01-12-2021
  • Mathematics
contestada

You deposit $5000 into a savings
account. If you cam a simple
interest rate of 3%, how much
interest will you earn after 5 years

Respuesta :

parkerandrews85
parkerandrews85 parkerandrews85
  • 01-12-2021
$750
Because if you multiply 5000 by .03 that equals $150 which is the amount of interest per year then you can multiply that by 5 giving you $750
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