damisihudson321 damisihudson321
  • 13-06-2022
  • Business
contestada

If you have $600 and you find an investment that annually yields 3%, how much interest would you earn in 15 years?

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blacktiecorp1
blacktiecorp1 blacktiecorp1
  • 13-06-2022

Answer:

$270.00 in 15 years

Explanation:

3% of $600 = $18.00 annually

$18.00 x 15 years = $270.00 interest earned

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