Question

Soo deposits into an account that pays simple interest at a rate of per year. How much interest will she be paid in the first years?

Answer 1

hard to tell from the information given or that i understand. amount of interest for the first year will be simple interest rate times the amount of money that is there at the beginning of the year. If someone is depositing money say periodically throughout the year then we need more info.

Answer 2

thanks bro

Answer 3

no problem!