Edward deposited $5,500 into a savings account 3 years ago. The simple interest rate is 3%. How much money did Edward earn in interest
2 answers:
Im pretty sure he earned 495 in interest, because you take 5,500 time .03 (from the three percent) and you get 165- then multiply by three because of the three years (495)
I think the answer could be 8,000 I’m not good at explaining things but if you solve it it’s 8,000
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5 35/36, solving steps attached below
Answer:
4p,q+r
4p(q+r)
4pq+4pr