TwentyØnePilots
TwentyØnePilots TwentyØnePilots
  • 21-12-2017
  • Mathematics
contestada

Calculate the interest earned on a savings account with $660.00 that is invested at 3.5% annual simple interest for 5 years.

A. $23.10
B. $26.40
C. $69.30
D. $115.50

Respuesta :

VivaciousLyla
VivaciousLyla VivaciousLyla
  • 21-12-2017
Hello!

660 * 3.5% = 23.1

23.1 * 5 = 115.50

The interest earned is: D. $115.50.
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