asked 61.0k views
4 votes
Calculate the interest earned on a savings account with 660.00 that is invested at 3.5% annual simple interest for 5 years ?

a. $23.10
b. $26.40
c. $69.30
d. $115.50

I am not sure of the answer can someone please DO NOT tell me the answer and explain how i would solve this ((: thank you

asked
User Makes
by
7.7k points

1 Answer

4 votes
660.00 ( 1 + (0.35x5))
answered
User Jilles
by
8.4k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.