Ask Question
11 November, 02:03

Hans deposits $300 into an account that pays simple interest at a rate of 2% per year. How much interest will he be paid in the first 5 years?

+3
Answers (1)
  1. 11 November, 03:34
    0
    300 x 0.02 x 5 = 30

    answer

    interest will $30 in the first 5 years
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Hans deposits $300 into an account that pays simple interest at a rate of 2% per year. How much interest will he be paid in the first 5 ...” 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