asked 173k views
5 votes
Suppose $10000 is deposited in a bank at 3.5% annual interest. what is the interest earned after one year

asked
User Ben Pap
by
8.0k points

1 Answer

3 votes

I=PRT\implies I=\$10000*0.035*1=\$350
answered
User Nitronoid
by
7.8k points
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