adampetro9 adampetro9
  • 07-12-2017
  • Mathematics
contestada

Dawnie deposited $350 in a savings account earning 2% simple interest over 3 years. What was the total amount of interest earned at the end of 3 years? Plz help! :D

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sqdancefan
sqdancefan sqdancefan
  • 09-01-2019

Answer:

$21

Step-by-step explanation:

Each year, Dawnie earned ...

... 2% × $350 = $7.00

The total amount earned in 3 years is then ...

... 3 × $7.00 = $21.00

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