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OpenStudy (anonymous):
How much interest will pam earn in 4 yrs if she invests $3000.00 in an account that pays 3.5% simple interest.?
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OpenStudy (anonymous):
hi khan.
OpenStudy (anonymous):
3000 x .035= 105 3105 x .035 = 108.675 3213.675 x .035 = 112.478625 3326.153625 x .035 = 116.4....... so 441
OpenStudy (saifoo.khan):
Hi Rose, howz ya?
OpenStudy (anonymous):
lol good
OpenStudy (saifoo.khan):
Formula is I = PRT.
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OpenStudy (anonymous):
well then 420 by that formula
OpenStudy (saifoo.khan):
$ 420 is the answer.
OpenStudy (anonymous):
thank u aukaii and khan
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