Asked by Anonymous

Blanche invested $9800 in a savings account with a yearly interest rate of 2% for 15 years. How much simple interest did she earn?
Answered by Henry
Po = $9800, r = 0.02, t = 15yrs.

I = Po*r*t
Answered by Maria
I=prt
I=9800*.02*15=$2,940
Answered by Anonymous
294
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