albertz233400
albertz233400 albertz233400
  • 15-03-2018
  • Mathematics
contestada

How much interest will be earned in 1 year if $100 is placed in an account that earns 3% simple annual interest?

A. $.03
B. $.30
C. $3
D. $30

Respuesta :

helloitsmeandi
helloitsmeandi helloitsmeandi
  • 16-03-2018
The answer is C. $3
Hope this helped! :)
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imabal577ler433
imabal577ler433 imabal577ler433
  • 24-10-2018

/=prt results in /=(100) (.03) (1) or $3

hope this helped

Answer Link

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