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Mathematics 12 Online
OpenStudy (helpblahblahblah):

Ill give medal: For an account that earns simple annual interest of 2% , what was the interest earned on $1,400 after 3 years?

OpenStudy (helpblahblahblah):

plz explain

OpenStudy (wolf1728):

total = principal + rate*years*principal total = 1400 + .02*3*1400 total = 1400 + 84 (interest) Interest is $84.00

OpenStudy (helpblahblahblah):

thanks sooooo much!

OpenStudy (wolf1728):

u r welcome

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