Jenessa364782 Jenessa364782
  • 04-02-2020
  • Mathematics
contestada

A deposit $400 into an account that pays simple interest ta a rate of 3% per year how much interest will be paid in the first 5 years.

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izukumidoriya9090909
izukumidoriya9090909 izukumidoriya9090909
  • 04-02-2020

Answer:

$60

Step-by-step explanation:

This is because 400 times 0.03 is 12 and 12 times 5 is 60

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