Ask your own question, for FREE!
Algebra 10 Online
OpenStudy (anonymous):

sheila deposited $800 into an account that earned 3% simple interest. she did not make any other deposits or withdrawals. after 5 years, how much interest did shelia earn?

OpenStudy (danjs):

if i recall simple interest is Principal x rate x time

OpenStudy (danjs):

800 * 0.03 * 5

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!
Latest Questions
Arriyanalol: i need help
10 hours ago 7 Replies 1 Medal
Arriyanalol: CONGRATS to me
13 hours ago 8 Replies 2 Medals
Legomaster346: What colleges are good that are near Arab Alabama?
1 week ago 5 Replies 0 Medals
Arriyanalol: i need help
1 week ago 6 Replies 2 Medals
Arizona: does anyone know the percentage rate of 30,000 and 40,000
1 week ago 0 Replies 0 Medals
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!