Ask your own question, for FREE!
Mathematics 11 Online
OpenStudy (anonymous):

3. Yolanda invested $2,000 in a US Treasury Note that pays 5% simple interest per year. How much interest did Yolanda earn after 3 years if she does not cash in her note?

OpenStudy (anonymous):

I = Prt

OpenStudy (anonymous):

i got 300 is it right

OpenStudy (anonymous):

I = PRT I = (2000)(.05)(3) I = 300 you are correct :)

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!