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At the end of each year, how much money would you earn in interest if you invested $3,500 and earned 4.5% simple interest?

At the end of each year, how much money would you earn in interest if you invested $3,500 and earned 4.5% simple interest?
asked 43.6k views
3 votes
At the end of each year, how much money would you earn in interest if you invested $3,500 and earned 4.5% simple interest?

asked
User Jezabel
by
7.8k points

1 Answer

2 votes
$157.50 would be the amount that you earn in interest

answered
User Milind Dalvi
by
8.3k points
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