Register

How much interest is earned in two years in a investment of 2,000 and the interest rate is 3%

How much interest is earned in two years in a investment of 2,000 and the interest rate is 3%
asked 212k views
5 votes
How much interest is earned in two years in a investment of 2,000 and the interest rate is 3%

asked
User Jean Davy
by
8.5k points

1 Answer

3 votes

Answer: $1,140

Explanation:

2000 x .03 = 60

60 x 24 months = $1,140

answered
User Zhengbli
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!