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How much interest is earned in one year by an account containing $15,000 if it earns 6% simple interest?

How much interest is earned in one year by an account containing $15,000 if it earns 6% simple interest?
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How much interest is earned in one year by an account containing $15,000 if it earns 6% simple interest?

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User Paarandika
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8.1k points

1 Answer

3 votes
$15000x0.06 = $900 Simple Interest
answered
User Kuf
by
9.1k points
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