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What is the interest on $950 invested for 4 years in an account that earns simple interest at a rate of 3% per year?

What is the interest on $950 invested for 4 years in an account that earns simple interest at a rate of 3% per year?
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What is the interest on $950 invested for 4 years in an account that earns simple interest at a rate of 3% per year?

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User Sonal
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1 Answer

5 votes
you would divide 0.3% and 4 years that will be your answer
answered
User Michal Chmi
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