Mathematics, 09.03.2021 17:40 224509

Use the formula for simple interest to answer the question. I = p XrX 1, where p is the initial deposit, r is the interest rate, and is the time in years.
John put $3,000 in his savings at 2% annually for 3 years.
What did he earn in simple interest?

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Use the formula for simple interest to answer the question. I = p XrX 1, where p is the initial depo...

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Use the formula for simple interest to answer the question. I = p XrX 1, where p is the initial deposit, r is the interest rate, and is the time in years. John put $3,000 in his savings at 2% annually for 3 years. What did he earn in simple interest?

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Another question on Mathematics

Use the formula for simple interest to answer the question. I = p XrX 1, where p is the initial deposit, r is the interest rate, and is the time in years.
John put $3,000 in his savings at 2% annually for 3 years.
What did he earn in simple interest?