Ask Question
21 September, 18:29

Find the amount of interest earned in an account with an initial deposit of $800 for 15 years at an interest rate of 3%

+2
Answers (1)
  1. 21 September, 18:54
    0
    interest = 360

    Step-by-step explanation:

    Using the formula i = prt (interest = principal x rate x time)

    From the information provided p=800, t=15, r=3% (0.03)

    i = 800x0.03x15

    i=360
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Find the amount of interest earned in an account with an initial deposit of $800 for 15 years at an interest rate of 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