Ask Question
26 July, 07:47

Milan deposits $4000 in an account that pays simple interest at a rate of 5% per year. how much interest will he be paid in the first 3 years

+1
Answers (1)
  1. 26 July, 07:56
    0
    I=prt

    I=4,000*0.05*3

    I=600
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Milan deposits $4000 in an account that pays simple interest at a rate of 5% per year. how much interest will he be paid in the first 3 ...” 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