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If you were to deposit 2000 in an account that earns simple interest of 3.5% per year, how much would the account be worth in 50 years
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If you were to deposit 2000 in an account that earns simple interest of 3.5% per year, how much would the account be worth in 50 years
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Mathematics
4 years
2021-07-27T14:20:03+00:00
2021-07-27T14:20:03+00:00 1 Answers
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Answer:the interest would be $3,500
Step-by-step explanation: you have to multiply all of the numbers together but change the 3.5% to a decimal of 0.035