Question

How much interest will be earned in three years from $730 placed in a savings account at 6.5% simple interest?

Answer 1

Answer: $142.35. If you are talking about a total, that would be $872.35.

Step-by-step explanation: 6.5% of $730 is $47.45. Multiply this by 3 and you get $142.35.

Hope this helps!