You deposit $2200 into three separate bank accounts that each pay 3% annual interest. How much interest does each account earn after 6 years? Quarterly monthly and daily

This can be solve using the formula:

F = P (1 + i) ^n

where F is the money after n years

P is the initial amount of money

i is the annual interest rate

n is the time in years

since you deposit in 3 accounts P = 2200/3

F = (2200 / 3) (1 + 0.03) ^6

F = $ 875.64 is the money each account earned after 6 years