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How much interest will Harley earn in 3 years if she deposits $1,200 into a savings account that pays 6% simple interest?​

How much interest will Harley earn in 3 years if she deposits $1,200 into a savings account that pays 6% simple interest?​
asked 107k views
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How much interest will Harley earn in 3 years if she deposits $1,200 into a savings account that pays 6% simple interest?​

asked
User Doguita
by
7.5k points

1 Answer

3 votes
The answer is $216
Explanation: $1,200 x .06= $72 so $72 x 3= $216 in interest alone
answered
User John Rudy
by
8.6k points
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