kaylabunch27 kaylabunch27

11-02-2021
Mathematics

contestada

If Millie invests $35,000 in a savings account that earns 3.5% interest, how much interest will she earn after 3 years?

Respuesta :

12-02-2021

Answer:

$3,675

Step-by-step explanation:

Simple Interest = principal x rate x time

so, simple interest = $35,000 x 3.5/100 x 3

Therefore, the answer is $3,675

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