Ask Question
26 November, 15:27

Simple interest $34,000 invested at 4% for 3 years

+2
Answers (1)
  1. 26 November, 18:35
    0
    final amount would be $38080

    Step-by-step explanation:

    1) find 4% of 34000

    34000 x. 04 = 1360

    2) multiply that by your time frame which is 3 years

    1360 x 3 = 4080

    3) add your interest to your original amount

    34000 + 4080 = 38080
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Simple interest $34,000 invested at 4% for 3 years ...” 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