Ask Question
18 June, 14:32

Lisa deposits

$3000

into an account that pays simple interest at a rate of

5%

per year. How much interest will she be paid in the first

5

years?

+1
Answers (1)
  1. 18 June, 15:41
    0
    3000 (1+0.05) * 5 you should add 5% to 1 and then time to the number of year
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Lisa deposits $3000 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 5 ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers