Jessica deposits $2000 into an account that pays simple interest at a rate of 3% per year. How much interest will she be

faoalexxx

2016-04-22 01:57:12

Jessica deposits $2000 into an account that pays simple interest at a rate of 3% per year. How much interest will she be paid in the first 2 years?

ANSWERS

Mhari

2016-04-22 04:07:46

$2000 x 0.03 x 2 = $120 answer interest will be $120 in the first 2 years

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