Question #141647

If $1000 is deposited in a savings account with a 2% annual interest rate, what will be the total interest after 3 years (simple interest)?

Options:

A) $20

B) $40

C) $60

D) None of these

Tags: Math

Answer: If $1000 is deposited in a savings account with a 2% annual interest rate, what will be the total interest after 3 years (simple interest) $60.

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Question #141647

If $1000 is deposited in a savings account with a 2% annual interest rate, what will be the total interest after 3 years (simple interest)?

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Question #141647

If $1000 is deposited in a savings account with a 2% annual interest rate, what will be the total interest after 3 years (simple interest)?

Options:

Mathematics Related Questions

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