You deposit $300 in a savings account. The account earns. 1% simple interest per year. What is the interest earned after 3 years? The balance after 3 years? Please help, urgent

9.09, 309.09

Step-by-step explanation:

Year1 300x.01=3. Balance is 303/(300+3)

Year2 303x.01=3.03 balance is 306.03

Year3 306.03x.01=3.06 balance=309.09

Interest earned = $9

Balance after 3 years = $309

Step-by-step explanation:

For simple interest, the formula is I = PRT, where I is the interest earned or paid, P is the principal amount borrowed/deposited, R is the rate as a decimal, and T is the time in years.

I = PRT

I = (300)(0.01)(3)

I = 9

Add that to the amount deposited to start, and you have the balance aftere 3 years. $300 + 9 = $309

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!

i dont know

step-by-step explanation:

umm. i dont know