kathrynmilligan5 kathrynmilligan5

14-06-2024
Mathematics

Answered

linda deposits 2000 dollars into an account that pays simple interest at a rate of 3% per year. how much interest will she be paid in the first 2 years

Answer :

jsimpson11000 jsimpson11000

14-06-2024

Answer:

Step-by-step explanation:

Earned interest = principle * decimal interest rate * time

= 2000 * .03 * 2

= 120 dollars

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