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Tracy put $80 into an investment account where she earns 4% interest per year. What was the amount of interest Tracy earned after three years

Tracy put $80 into an investment account where she earns 4% interest per year. What was the amount of interest Tracy earned after three years
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1 vote
Tracy put $80 into an investment account where she earns 4% interest per year. What was the amount of interest Tracy earned after three years

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User Pyroscope
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1 Answer

6 votes
Depends whether it’s compound or simple interest
answered
User Ranfis
by
8.0k points
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