Ask Question
10 December, 16:29

Mia deposits $300 into an account that pays simple interest at a rate of 5% per year, how much interest would she be payed in the first 2 years?

+1
Answers (1)
  1. 10 December, 17:47
    0
    Answer: $30

    Step-by-step explanation:

    I=PRT

    I = (300) (0.05) (2)

    I = 15 (2)

    I = 30
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Mia deposits $300 into an account that pays simple interest at a rate of 5% per year, how much interest would she be payed in the first 2 ...” 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