3 years ago

Bianca deposits $3,000 in a savings acct earning 4.25% simple interest per year.

Mathematics

1 answer:

murzikaleks [220]3 years ago

4 0

Answer:

$637.50

Step-by-step explanation:

P = $3000

t= 5years

r = 4.25% per annum

Interest = (p×r×t)/100

= (3000×4.25×5)/100

= $637.50

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