mark invested 125 he earned a simple interest of 3% per year on the initial investment if no money was added or removed from the

Question

2 years ago

15

investment what was the amount of interest mark received at the end of two years

2 answers:

postnew [5] · Answer 1 · 2022-08-02T04:37:24+03:00

7 0

Answer:

$7.50

Step-by-step explanation:

formula for simple interest:

I = prt

I = ($125)(0.03)(2)

I = $7.50

Hatshy [7] · Answer 2 · 2022-08-02T06:29:35+03:00

Hatshy [7]2 years ago

7 0

Answer:

You time 125 by 1.03 twice subtract 125 from that awnser to get the amount of money from interest 7.6125 is the awnser

Step-by-step explanation: