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14-01-2019
Mathematics

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Tamara Invested $15,000 in an account that pays 4% annual simple interest. How much interest will Tamera earn on her investment at the end of three years?

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Aliwohaish12 Aliwohaish12

14-01-2019

Answer:

1800

Step-by-step explanation:

the formula is

i=prt

i interest earned ?

p principle 15000

r interest rate 0.04

t time 3 years

i=15000×0.04×3

i=1800

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