johnsonmeagan888 johnsonmeagan888
  • 11-11-2020
  • Mathematics
contestada

Sammy deposits $200 in an account at his bank.The simple interest rate is 8%.How much interest will he earn in three years

Respuesta :

TimAndMoby
TimAndMoby TimAndMoby
  • 11-11-2020

Answer:

$48

Step-by-step explanation:

Multiply 200 by 0.08 or 8%. That is how much interest he will earn in a year. Then multiply the product by 3.

Answer Link

Otras preguntas

what is the solution of the inequality shown below? 8+y>-3
During the day, the temperature in Nome, Alaska rose 35 degrees. The low temperature for that day is -22 degrees. What was the high temperature for that day?
By 1812, which area had been added to Napoleon’s Empire? England Russian Empire Spain Ottoman Empire
How can writing benefit the writer? A. It is a cathartic experience. B. The writer is assured of fame. C. The writer is assured of earning a living. D. It g
You are given $100 for your birthday. You put the $100 in a savings account that pays an interest rate of 2.4% compounded monthly. If you leave your money for a
If 9x-10 evaluate when x = -5
Marcus estimates that 230 people will attend Detroit concert there was an actual total of 300 people who attended at your concert
pls help. will give brainliest
Garth estimated the height of the door to his classroom in meters. What is a reasonable estimate ?
PLEASE HELP EMERGENCY TEST! WILL MAKE BRAINLIEST! Triangle MNO is rotated 180 using the origin as the center of rotation. Which sequences of transformations w