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Marsha deposited 9,500 into a savings account 3years ago. The simple interest rate is 4%. How much money did Marsha earn in interest

Marsha deposited 9,500 into a savings account 3years ago. The simple interest rate is 4%. How much money did Marsha earn in interest
asked 178k views
12 votes
Marsha deposited 9,500 into a savings account 3years ago. The simple interest rate is 4%. How much money did Marsha earn in interest

asked
User Nitek
by
7.7k points

1 Answer

6 votes

Answer:

She earned 1140 in simple interest.

Explanation:

9500 * 1.12 = 10640

10640 - 9500 = 1140

answered
User Pavel Lechev
by
8.5k points
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