asked 124k views
12 votes
5. Isabella is calculating the interest earned on a deposit of $3,000 in an account that earns 4% simple interest after 6 years. I = prt I = 3,000(.04)(6) I = 3,720 a. Isabella determines that her deposit will then be worth $6,720.00. Explain what Isabella did incorrectly b. What is the correct amount of interest? ​

5. Isabella is calculating the interest earned on a deposit of $3,000 in an account-example-1

1 Answer

5 votes

Answer:

B. 300 dollars is 5he answers

answered
User Vasilis
by
7.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.