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Marsha deposited $5,000 into a savings account 2 years ago. The simple interest rate is 3%. How much money did Marsha earn in interest?
Question
Marsha deposited $5,000 into a savings account 2 years ago. The simple interest rate is 3%. How much money did Marsha earn in interest?
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Mathematics
4 years
2021-07-28T21:55:18+00:00
2021-07-28T21:55:18+00:00 1 Answers
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Answer:
$300
Step-by-step explanation:
(5000)(2)(3/100)
=300