danicar1566
danicar1566 danicar1566
  • 26-05-2021
  • Mathematics
contestada

A bank is offering 4% simple interest on a savings account. If you deposit $7000, how much interest will you earn in 3 vear?​

Respuesta :

stephaniecarbonell07 stephaniecarbonell07
  • 26-05-2021

Answer:

$840

Step-by-step explanation:

4% as a decimal is 0.04 do youre going to multiply 0.04 times 7000 and you get 280. Then you multiply 280 by the number of year (3) to get $840

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