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MrRa [10]
2 years ago
13

Betty has $1,000 in her savings account. The interest rate is 2.5%. How much interest will Betty earn when her money has been in

bank for 3 years?
Mathematics
1 answer:
V125BC [204]2 years ago
3 0

Answer:

$1,075

Step-by-step explanation:

Use the formula I=PRT where I= interest, P=principle or starting amount, R=interest rate, T=time

1000*0.025*3=75

Add 75 to 1,000, 1,000+75=1,075

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