Dawnie deposited $350 in a savings account earning 2% interest over 3 years.

What was the total amount of interest earned at the end of 3 years?

A.
$420

B.
$210

C.
$42

D.
$21

Question

Dawnie deposited $350 in a savings account earning 2% interest over 3 years. 

What was the total amount of interest earned at the end of 3 years?
  
 
 

 
 

  

  A. 
  $420   
   

 
 

  

  B. 
  $210   
   

 
 

  

  C. 
  $42   
   

 
 

  

  D. 
  $21

pooja195 · Answer

350*2*3/100 = 350*6/100

pooja195 · Answer

PRT/100 = Simple Interest. 
where P = Principal = $350
R= rate of interest = 2%
T = time  = 3yrs

pooja195 · Answer

@rayman5766

arabpride · Answer

Please close this post if you've found your answer.
Thanks! :D