Callielenko2007 Callielenko2007
  • 18-02-2021
  • Mathematics
contestada

Don deposited $3,500 for 5 years on 2.40% P. A. interest rate in his savings account. How much simple interest will he earn?

Respuesta :

aaliaayodeji20 aaliaayodeji20
  • 30-03-2022

Step-by-step explanation:

S.I=P×R×T

P=$3500

R=2.40%

T=5

S.I=3500×5×2.40

___________

100

S.I= $420

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