What is the interest on $250 at 3% for 30 years

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asked Mar 10, 2019 183k views

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Mrunal Gosar · Answer 1 · 2019-03-15T12:09:04+0000

You deposit $250 into a bank account paying 3% simple interest per year. You left the money in for 30 years. Find the interest earned and the amount at the end of those 30 years, The interest is $225 and the amount is $475 that is the answer.

What is the interest on $250 at 3% for 30 years

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