Ask Question
6 June, 04:01

Constance invested $4000 for 3 years in a savings account paying simple interest with a yearly interest rate of 3.5%. How much simple interest did she earn?

+5
Answers (1)
  1. 6 June, 05:21
    0
    She made $420 profit. If you want to know how to do this then in your calculator put in $4000 times 103.5% and then you get 140. Then do 140 times 3 representing the 3 years and there.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Constance invested $4000 for 3 years in a savings account paying simple interest with a yearly interest rate of 3.5%. How much simple ...” 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