Question

Patricia opens a savings account with $1100 that earns 9% interest per year not compounded how much money will Patricia earn in 3 years.​

Answer 1

Explanation:

Her interest earned will be p r t

p = principal = amount of deposit = 1100 dollars

r = decimal interest rate = .09

t = time in years = 3

$ 1100 * .09 * 3 = $ 297 .