3 years ago

You deposit $350 at 2,5% for 3 years, How much interest do you earn?

Mathematics

1 answer:

Tresset [83]3 years ago

3 0

Answer: Interest is 26.91$

Step-by-step explanation: You use formula K = kq^t

in which k = 350$ , t = 3 and q = (1 + p/100). p = 2.5 %

so q = 1.025. Adding values sum is 376.91$

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