Question

How much interest is earned on $2,700 in one year if it is invested at 3%?

$8.10
$81.00
$810.00

Answer 1

i need help

Answer 2

this is a percentage of a quantity question that uses

\[\frac{percentage}{100} \times quantity\]

in your question the quantity is 2700 and the percentage is 3%

just substitute and calculate

Answer 3

thanks got it