Mathematics, 29.07.2020 20:01 ljadalyn
Dylan opened a savings account with $1,250. How much simple interest will he earn if he leaves the money in the account for three years at an interest rate of 0.03? Use the formula i = prt. $112.50 $1,125.00 $37.50 $75.00
Answers: 1
stands for the interest on the original investment, P stands for the amount of the original investment, R stands for the interest rate which is supposed to be in decimal form, and T is the time or the number of years you leave the money.
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Dylan opened a savings account with $1,250. How much simple interest will he earn if he leaves the m...
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