ebrown8999
Answered

Discover the best answers at Westonci.ca, where experts share their insights and knowledge with you. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Greg deposits $500 into an account that pays simple interest at a rate of % 3 per year. How much interest will he be paid in the first 6 years?

Sagot :

Answer: 90 dollars

Work Shown:

i = p*r*t

i = 500*0.03*6

i = 90

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.