Ask Question
11 April, 13:32

Lisa deposits

$3000

into an account that pays simple interest at a rate of

5%

per year. How much interest will she be paid in the first

5

years?

+4
Answers (1)
  1. 11 April, 13:39
    0
    3000 (1+0.05) * 5 you should add 5% to 1 and then time to the number of year
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Lisa deposits $3000 into an account that pays simple interest at a rate of 5% per year. How much interest will she be paid in the first 5 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers