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BlackZzzverrR [31]
2 years ago
11

You deposit $750 into a savings account Thats pays 2.75% simple interest for 4 years. How much interest was earned?

Mathematics
2 answers:
igomit [66]2 years ago
6 0

sksjjsjsbzbuwuwhnssjsjsjsjjsjsusbxbuxus

DIA [1.3K]2 years ago
4 0
FV=pv(1+ it)
FV= 750(1+ .0275(4))
FV= 750(1+.11)
FV=832.50
Interest is 832.50-750
82.50.
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We draw a rough image of the question for easier understanding.

Refer the attached figure below.

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