Ask Question
25 October, 23:16

Calculate the interest earned on a savings account with $660.00 that is invested at 3.5% annual simple interest for 5 years.

A. $23.10

B. $26.40

C. $69.30

D. $115.50

+3
Answers (1)
  1. 26 October, 00:25
    0
    Hello!

    660 * 3.5% = 23.1

    23.1 * 5 = 115.50

    The interest earned is: D. $115.50.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Calculate the interest earned on a savings account with $660.00 that is invested at 3.5% annual simple interest for 5 years. A. $23.10 B. ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers