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RoseWind [281]
4 years ago
15

Simple interest $34,000 invested at 4% for 3 years

Mathematics
1 answer:
valentinak56 [21]4 years ago
5 0

Answer:

final amount would be $38080

Step-by-step explanation:

1) find 4% of 34000

34000 x .04 = 1360

2) multiply that by your time frame which is 3 years

1360 x 3 = 4080

3) add your interest to your original amount

34000 + 4080 = 38080

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