Register

Ahmad deposits $6000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 3 years

Ahmad deposits $6000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 3 years
asked 232k views
4 votes
Ahmad deposits $6000 into an account that pays simple interest at a rate of 5% per year. How much interest will he be paid in the first 3 years

asked
User Auditive
by
7.4k points

1 Answer

2 votes
He will pay 900 on the first 3 years
answered
User Alex Munoz
by
8.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!