Calculate the simple interest on each amount the total amount at the end.
A deposit of $2550.00 that earns 3% interest over 30 months.
Pleas show your steps!
Thankyou (:
5 answers
Is that annual interest? Or is that the total interest for 30 months?
Total inerest for 30 months
2550 * 0.03 = ?
76.50
Right!