Ask a New Question
Search
Asked by
rawr... im a dinosaur.... rawr
If a bank offers a savings account that pays simple interest rate of 4% and you deposit $475.00 into this account, how much interest will you have earned after 3 years?
Answers
Human Answers
2
AI Answers
0
Answered by
Ms. Sue
Interest = Principal * Rate * Time
I = 475 * 0.04 * 3
I = ?
Answered by
jo jo
what is it??
There are no AI answers yet. The ability to request AI answers is coming soon!
Related Questions
Related
A bank offers two interest account plans. Plan A gives you 6% interest compounded annually. Plan B g...
A bank offers 9.00% on savings accounts. What is the effective annual rate if interest is compounded...
ABC Bank offers a savings account with 4.5% compounded quarterly. Find the APY the bank's savings ac...
Sue has$400 in her savings account if the bank pays her 6 1/2 0/0 instead how much interest will sue...
Kim has money in a savings account that earns an annual interest rate of 4.1%, compounded monthly. W...
What is savings or deposit account?
Invest $5,000 in a savings account at 6.6% interest compounded monthly.
Maria has $50 in a savings account in week 1. She plans on depositing $8 each following week. What...
Cody has $700 in a savings account that pays 4% simple interest. How much will he have in 1 year
1. Jaymie opened a savings account with 595.25. every week she withdrawals 27.50 from her account. s...