What is the interest earned on $3,000 at a rate of 0.04 for 3 years? (Hint: Use the formula i = prt, where i represents the inte
rest earned, p represents the principal, r represents the rate, and t represents the time.)
$3,003.04
$3,360
$360
$120
1 answer:
Answer:
3,360
Step-by-step explanation:
3000(.04)(3)
3000 x. 04=12000
12000 x 3,360
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