valentinaholley valentinaholley

13-12-2021
Mathematics

contestada

Johnny deposited $8000 into his savings
account. How much interest is earned in
three years with an interest rate of 3%?

Respuesta :

clarch19 clarch19

13-12-2021

Answer:

$720

Step-by-step explanation:

I (Interest) = P (principal) x R (rate) x T (time, in years)

I = 8000 x .03 x 3

I = 720

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