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Setler [38]
4 years ago
14

Derrick has $3500 in a savings account that earns 12% annually. If the interest is not compounded, how much interest will he ear

n in 3 years?
Mathematics
1 answer:
scZoUnD [109]4 years ago
5 0
If the interest is not compounded he will earn 4760.
-proof: 3500 x .12 = 420
 420 x 3 = 1260
1260 + 3500 = "4760"
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klemol [59]

Answer:

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Step-by-step explanation:

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5 0
3 years ago
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Aleksandr-060686 [28]

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Step-by-step explanation:

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8 0
3 years ago
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