Question

Samuel earns 0.2% interest each year on his savings account. If he has $3500 in his savings account for a year, how much interest will he have at the end of the year?

Answer 1

0.002 * 3500 = 7

3500+7 = $3507

Answer 2

Thank you :)

Answer 3

You're welcome.

Please check and make sure your percentage rate is correct.

Answer 4

It is, thank you