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You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?

You deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?
asked 74.4k views
3 votes
you deposit $70 in a savings account that pays an annual interest rate of 3%. How much simple interest would you earn in 2.5 years?

asked
User Furkan Cetintas
by
7.2k points

1 Answer

1 vote
The answer is $78.78
answered
User Nightfire
by
8.0k points
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