jackfooman3901 jackfooman3901
  • 17-07-2017
  • Mathematics
contestada

Caleb invested $9200 in a savings account with a yearly interest rate of 3% for 7 years. How much simple interest did he earn?A. $285

Respuesta :

micaiahkeintz micaiahkeintz
  • 17-07-2017
Simple interest = principal x interest (in decimal form) x time
I = (9200)(0.03)(7) = $1932
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marioarzeta10 marioarzeta10
  • 03-06-2019

Answer:

$1932 -_- APEX

Step-by-step explanation:

Answer Link

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