Dhatnighakj Dhatnighakj
  • 14-11-2019
  • Mathematics
contestada

If you invest $100 into savings account That earns 3% interest for 3 years what is the amount of simple interest you earned at the end of the 3 year period

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ashrambhattarai ashrambhattarai
  • 14-11-2019

Answer:

9 Dollars.

Step-by-step explanation: Since 3 percent of interest yearly out of 100 is 3 3 dollars and in 3 years the 3 dollars multiplies by 3

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