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Ana earns 2.5% simple interest on $2000 in her saving account. She does not make any deposits or withdrawals. After 3 years, how much interest will ana have earned on her saving…

Ana earns 2.5% simple interest on $2000 in her saving account. She does not make any deposits or withdrawals. After 3 years, how much interest will ana have earned on her saving…
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Ana earns 2.5% simple interest on $2000 in her saving account. She does not make any deposits or withdrawals. After 3 years, how much interest will ana have earned on her savings account?

asked
User M Abubaker Majeed
by
8.1k points

1 Answer

4 votes
2000(1.025)^3 = 2153.78

2153.78 is the answer.
answered
User Khurram
by
8.7k points
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