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18 February, 20:03

Simple interest $34,000 invested at 4% for 3 years

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  1. 18 February, 20:11
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    final amount would be $38080

    Step-by-step explanation:

    1) find 4% of 34000

    34000 x. 04 = 1360

    2) multiply that by your time frame which is 3 years

    1360 x 3 = 4080

    3) add your interest to your original amount

    34000 + 4080 = 38080
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