asked 137k views
3 votes
Travis has $1,500 in a savings account. He deposits $75. How much interest will he earn after 2 years at a simple annual interest rate of 1.3%?

(The links don’t work so please just give the answer)

asked
User Nkjt
by
8.4k points

1 Answer

1 vote

Answer:

40.95

Explanation:

P = 1500 + 75 = 1575

I = Prt

I = 1575(1.3%)(2)

I = 40.95

answered
User Deerawan
by
8.1k points

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