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If Mary deposits $275 in principal at an interest rate of 3.2% how much interest will she earn in one year

If Mary deposits $275 in principal at an interest rate of 3.2% how much interest will she earn in one year
asked 108k views
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if Mary deposits $275 in principal at an interest rate of 3.2% how much interest will she earn in one year

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User Muhammad Riyaz
by
7.8k points

1 Answer

1 vote

i = Prt

i = $275 x 0.032 x 1

i = $8.80

She will earn $8.80 in one year

answered
User Davit Siradeghyan
by
7.7k points
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