Answered

Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

If you deposit $3,000 in a savings account that earns simple interest at a rate of 2.5% a year, how much interest would you have after 4 years?

Sagot :

k0ylamari0e

Answer: the interest would be $300

Step-by-step explanation: you multiply all the numbers together but change the 2.5% to a decimal of 0.025

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.