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How much interest will Rod earn in 5 years if he deposits $730 in a savings account at 7.5% simple interest?

How much interest will Rod earn in 5 years if he deposits $730 in a savings account at 7.5% simple interest?
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How much interest will Rod earn in 5 years if he deposits $730 in a savings account at 7.5% simple interest?

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User Pmb
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1 Answer

13 votes
750 × 0.075 × 5 = 281.25 < this is how much interest Rod will earn in 5 years with this deposit .
answered
User Ndomanyo
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